2006 New York Code - Application.



 
    §  5.  Application. A corporation heretofore or hereafter incorporated
  under a general law for a purpose or purposes for  which  a  corporation
  may  be  formed  under  this chapter shall in respect to such purpose or
  purposes have all the powers and privileges conferred, and be subject to
  all the duties, liabilities and limitations imposed,  on  a  corporation
  organized   for  such  purpose  or  purposes  under  this  chapter.  Any
  corporation heretofore incorporated under a general law for any  one  or
  more  of the purposes specified in this chapter, may exercise the powers
  now possessed by it to carry  on  any  business  in  which  it  now  may
  lawfully  engage.  A  corporation  heretofore  incorporated  under or by
  special law for such purpose  or  purposes  shall  in  respect  to  such
  purpose or purposes have all the powers and privileges conferred, and be
  subject  to  the  duties,  liabilities  and  limitations imposed by this
  chapter, in so far as such duties, liabilities and limitations  are  not
  inconsistent with such special law.

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