2013 New York Consolidated Laws
CCO - Cooperative Corporations
Article 5-A - (80 - 94) WORKER COOPERATIVE CORPORATIONS
80 - Legislative findings.


NY Coop Corp L § 80 (2012) What's This?
 
    §  80. Legislative findings. The legislature hereby finds and declares
  that it is the policy of this state to promote the  creation  of  worker
  cooperatives.  Worker  cooperatives provide a means by which enterprises
  may be democratically controlled and operated by their own  workers.  It
  is expected that such cooperative ownership will result in increased job
  satisfaction  and  increased  productivity  and  will  enable workers to
  receive the fullest economic benefits from their endeavors. It  is  also
  expected  that the establishment of cooperatives under this article will
  result in the creation of new jobs in all economic sectors,  will  offer
  greater  economic  stability  in  the communities of this state and will
  discourage the movement of capital and jobs out of this state.

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