There is a newer version of the New York Consolidated Laws
2013 New York Consolidated Laws
NPC - Not-For-Profit Corporation
Article 5 - (501 - 521) CORPORATE FINANCE
- 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.
- 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.
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