New York Laws
Article 5-A - Worker Cooperative Corporations
80 - Legislative Findings.

§ 80. Legislative findings. The legislature hereby finds and declares
that it is the policy of this state to promote the creation of worker
cooperatives. Worker cooperatives provide a means by which enterprises
may be democratically controlled and operated by their own workers. It
is expected that such cooperative ownership will result in increased job
satisfaction and increased productivity and will enable workers to
receive the fullest economic benefits from their endeavors. It is also
expected that the establishment of cooperatives under this article will
result in the creation of new jobs in all economic sectors, will offer
greater economic stability in the communities of this state and will
discourage the movement of capital and jobs out of this state.

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