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§ 520. Reports of corporation.
Each domestic corporation, and each foreign corporation authorized to
conduct activities in this state, shall from time to time file such
reports on its activities as may be required by the laws of this state.
All registration and reporting requirements pursuant to EPTL 8-1.4, or
related successor provisions, are, without limitation on the foregoing,
expressly included as reports required by the laws of this state to be
filed within the meaning of this section. Willful failure of a
corporation to file a report as required by law shall constitute a
breach of the directors' duty to the corporation and shall subject the
corporation, at the suit of the attorney-general, to an action or
special proceeding for dissolution under article 11 (Judicial
dissolution) in the case of a domestic corporation, or under § 1303
(Violations) in the case of a foreign corporation.