2012 New York Consolidated Laws
CCO - Cooperative Corporations
Article 2 - (10 - 18) FORMATION AND DISSOLUTION OF COOPERATIVE CORPORATIONS; CLASSES; POWERS; BY-LAWS
13 - Purposes for which general cooperative corporations may be formed.


NY Coop Corp L § 13 (2012) What's This?
 
    §  13.  Purposes  for  which  general  cooperative corporations may be
  formed.  A cooperative corporation may be  created  under  this  chapter
  primarily for mutual help, not conducted for profit, for the purposes of
  assisting  its  members,  including  other cooperatives with which it is
  affiliated,  by  performing  services  connected  with   the   purchase,
  financing,    production,    manufacture,    warehousing,   cultivating,
  harvesting,  preservation,  drying,  processing,   cleansing,   canning,
  blending,  packing,  grading,  storing, handling, utilization, shipping,
  marketing, merchandising, selling, financing or otherwise  disposing  of
  the  agricultural and food products of its members or of any by-products
  thereof, including livestock waste or other organic agricultural  wastes
  and the capture of methane and other gases for the generation and use or
  sale  of  energy,  as  defined  in  section  1-103 of the energy law, or
  connected with the acquisition for its members of  labor,  supplies  and
  articles  of common use, including livestock, equipment, machinery, food
  products, family or other household and personal supplies, to be used or
  consumed by the members, their families or guests, or  for  carrying  on
  any  other household operation or educational work in home economics and
  cooperation by or for its members, or for  buying,  selling  or  leasing
  homes  or  farms  for  its members, or building or conducting housing or
  eating  places  cooperatively,  or  for   furnishing   medical   expense
  indemnity, dental expense indemnity, or hospital services to persons who
  become  subscribers under contracts with such corporations in the manner
  provided in article forty-three of the insurance law, or for the purpose
  of organizing agency or credit corporations as provided in article seven
  of this chapter, but a corporation so organized as a credit  corporation
  shall not have power to engage in any other activities. A certificate of
  incorporation,  which  includes  the  purpose of carrying on educational
  work, shall have attached thereto the consent  of  the  commissioner  of
  education.  A  worker  cooperative may be formed for any lawful business
  purpose and may be conducted for profit.

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