ยง 65. Directors,  officers  or  members  as notaries. No person who is
  authorized to take acknowledgments under the laws of this state shall be
  disqualified from taking  acknowledgments  of  instruments  executed  in
  favor  of a cooperative or to which it is a party, by reason of being an
  officer, director or member of such cooperative.
Structure New York Laws
REL - Rural Electric Cooperative
Article 6 - General Provisions Governing Property and Affairs
60 - Patronage Capital Contributions, Allocations, and Retirements.
62 - Non-Liability of Members for Debts of Cooperative.
63 - Recordation of Mortgages; Effect Thereof.