New York Laws
Title 5 - Corporate Finance
5013 - Agreements for Purchase by a Corporation of Its Own Shares.

§ 5013. Agreements for purchase by a corporation of its own shares. 1.
An agreement for the purchase by a corporation of its own shares shall
be enforceable by the stockholder and the corporation to the extent such
purchase is permitted at the time of purchase by section five thousand
twelve.

2. The possibility that a corporation may not be able to purchase its
shares under section five thousand twelve shall not be a ground for
denying to either party specific performance of an agreement for the
purchase by a corporation of its own shares, if at the time for
performance the corporation can purchase all or part of such shares
under section five thousand twelve.

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