New York Corporate Finance




 
                                  ARTICLE 5
 
                              CORPORATE FINANCE
 
  Section 501. Stock   and   shares  prohibited;  membership  certificates
                 authorized.
          502. Members' capital contributions.
          503. Capital certificates.
          504. Subventions.
          505. Subvention certificates.
          506. Bonds and security interests.
          507. Fees, dues and assessments; fines and penalties.
          508. Income from corporate activities.
          509. Purchase, sale, mortgage and lease of real property.
          510. Disposition of all or substantially all assets.
          511. Petition for leave of court.
          512. Investment authority.
          513. Administration of assets received for specific purposes.
          514. Delegation of investment management.
          515. Dividends prohibited;  certain  distributions  of  cash  or
                 property authorized.
          516. Distributions to members upon termination of membership.
          517. Liabilities of members.
          519. Annual report of directors.
          520. Reports of corporation.
          521. Liability for failure to disclose required information.
          522. Release of restrictions on use or investment.