New York Laws
BNK - Banking
Article 15 - General Provisions Applicable to Banking Stock Corporations, Limited Liability Investment Companies, and Limited Liability Trust Companies

1003 - Certificates; Requirements, Signing, Filing, Effectiveness. - § 1003. Certificates; requirements, signing, filing, effectiveness. 1. Every certificate...

1004 - Certificates; Corrections. - § 1004. Certificates; corrections. Any certificate or other instrument relating...

1005 - Certificates as Evidence. - § 1005. Certificates as evidence. 1. Any certificate or other...

1006 - Corporate Seal as Evidence. - § 1006. Corporate seal as evidence. The presence of the...

1007 - When Notice or Lapse of Time Unnecessary; Notices Dispensed With When Delivery Is Prohibited. - § 1007. When notice or lapse of time unnecessary; notices...

1008 - Effect of Invalidity of Part of Article; Severability. - § 1008. Effect of invalidity of part of article; severability....

Title 2 - Corporate Powers

2001 - General Corporate Powers. - (a) To sue and be sued in all courts and...

Title 3 - Corporate Name

3001 - Corporate Name; General. - § 3001. Corporate name; general. Except as otherwise provided in...

3002 - Corporate Name; Exceptions. - (a) Shall not require any corporation, existing or licensed under...

Title 4 - Formation of Corporations

4001 - Incorporation; Organization Certificate; Amount of Capital Stock. - (a) The number of shares to be included in each...

4001-A - Formation of Limited Liability Investment Companies. - (a) the name by which the limited liability investment company...

4001-B - Formation of Limited Liability Trust Companies. - (a) the name by which the limited liability trust company...

4002 - Fingerprints. - (b) The superintendent shall also, concurrent with an investigation of...

4003 - Organization Certificate to Be Submitted to the Superintendent. - § 4003. Organization certificate to be submitted to the superintendent....

4004 - When Corporate Existence Begins; Conditions Precedent to Commencing Business. - (a) All of its capital stock, except such shares as...

4005 - Organization Meeting. - § 4005. Organization meeting. 1. After the corporate existence has...

Title 5 - Corporate Finance

5001 - Authorized Shares. - § 5001. Authorized shares. 1. Every corporation shall have power...

5002 - Issue of Any Class of Preferred Shares in Series. - (a) The name of the corporation and, if it has...

5003 - Subscription for Shares; Time of Payment, Forfeiture for Default. - § 5003. Subscription for shares; time of payment, forfeiture for...

5004 - Consideration and Payment for Shares. - § 5004. Consideration and payment for shares. 1. Consideration for...

5005 - Transferable Rights to Purchase Shares; Imposition of Restrictions or Conditions Thereon. - (b) Determinations of the board of directors whether to impose,...

5006 - Compensation for Formation, Reorganization and Financing. - § 5006. Compensation for formation, reorganization and financing. The reasonable...

5007 - Certificates Representing Shares. - (a) That the corporation is formed under the laws of...

5008 - Fractions of a Share or Scrip Authorized. - § 5008. Fractions of a share or scrip authorized. 1....

5009 - Dividends or Other Distributions in Cash or Property. - § 5009. Dividends or other distributions in cash or property....

5010 - Share Distributions and Changes. - (a) Such shares shall be issued at not less than...

5011 - Redeemable Shares. - § 5011. Redeemable shares. 1. A corporation may provide in...

5012 - Purchase or Redemption by a Corporation of Its Own Shares. - § 5012. Purchase or redemption by a corporation of its...

5013 - Agreements for Purchase by a Corporation of Its Own Shares. - § 5013. Agreements for purchase by a corporation of its...

5014 - Reacquired Shares. - § 5014. Reacquired shares. 1. Shares that have been issued...

5015 - Capital Notes and Debentures. - § 5015. Capital notes and debentures. No corporation shall issue...

5016 - Convertible Shares, Capital Notes and Debentures. - (a) A sufficient number of authorized but unissued shares of...

Title 5-A - Limited Liability Investment Company or Limited Liability Trust Company Finance

5050 - Company Finance. - § 5050. Company finance. Notwithstanding the provisions of title five...

Title 6 - Stockholders

6001 - By-Laws. - § 6001. By-laws. 1. The initial by-laws of a corporation...

6002 - Meetings of Stockholders. - § 6002. Meetings of stockholders. 1. Meetings of stockholders may...

6003 - Special Meeting for Election of Directors. - § 6003. Special meeting for election of directors. 1. If,...

6004 - Fixing Record Date. - (a) The record date for the determination of stockholders entitled...

6005 - Notice of Meetings of Stockholders. - § 6005. Notice of meetings of stockholders. 1. Whenever under...

6006 - Waivers of Notice. - § 6006. Waivers of notice. Notice of meeting need not...

6007 - List of Stockholders at Meetings. - § 6007. List of stockholders at meetings. A list of...

6008 - Quorum of Stockholders. - § 6008. Quorum of stockholders. 1. The holders of a...

6009 - Proxies. - (a) A pledgee; (b) A person who has purchased or...

6010 - Selection of Inspectors at Stockholders' Meetings. - § 6010. Selection of inspectors at stockholders' meetings. Unless otherwise...

6011 - Duties of Inspectors at Stockholders' Meetings. - § 6011. Duties of inspectors at stockholders' meetings. The inspectors...

6012 - Qualification of Voters. - § 6012. Qualification of voters. 1. Every stockholder of record...

6013 - Limitations on Right to Vote. - § 6013. Limitations on right to vote. The organization certificate...

6014 - Vote of Stockholders. - § 6014. Vote of stockholders. 1. Directors shall, except as...

6015 - Written Consent of Stockholders, Subscribers or Incorporators Without a Meeting. - § 6015. Written consent of stockholders, subscribers or incorporators without...

6016 - Greater Requirement as to Quorum and Vote of Stockholders. - (a) That the proportion of shares, or the proportion of...

6017 - Voting by Class or Classes of Shares. - § 6017. Voting by class or classes of shares. 1....

6018 - Cumulative Voting. - § 6018. Cumulative voting. The organization certificate of any corporation...

6019 - Powers of Supreme Court Respecting Elections. - § 6019. Powers of supreme court respecting elections. Upon the...

6020 - Agreements as to Voting. - § 6020. Agreements as to voting. An agreement between two...

6021 - Preemptive Rights. - (a) "Unlimited dividend rights" means the right without limitation as...

6022 - Procedure to Enforce Stockholder's Right to Receive Payment for Shares. - (a) The corporation or, in the case of a merger,...

6023 - Books and Records; Right of Inspection, Prima Facie Evidence. - § 6023. Books and records; right of inspection, prima facie...

6024 - Infant Securityholders. - § 6024. Infant securityholders. 1. A corporation may treat an...

6025 - Stockholders' Derivative Action Brought in the Right of the Corporation to Procure a Judgment in Its Favor. - § 6025. Stockholders' derivative action brought in the right of...

6026 - Security for Expenses in Stockholders' Derivative Action Brought in the Right of the Corporation to Procure a Judgment in Its Favor. - § 6026. Security for expenses in stockholders' derivative action brought...

6029 - Liability of Stockholders for Wages Due to Laborers, Servants or Employees. - § 6029. Liability of stockholders for wages due to laborers,...

Title 6-A - Membership in a Limited Liability Investment Company or a Limited Liability Trust Company

6050 - Company Membership. - § 6050. Company membership. The members of a limited liability...

Title 7 - Directors and Officers

7001 - Board of Directors; Qualifications and Disqualifications. - (b) At least one-third of the directors of a safe...

7002 - Number of Directors; Definition of "Entire Board". - (b) The number of directors constituting the entire board shall...

7003 - Election and Tenure of Directors. - § 7003. Election and tenure of directors. 1. At each...

7004 - Classification of Directors. - (a) The organization certificate or the specific provisions of a...

7005 - Vacancies and Newly Created Directorships. - (a) The persons named in the organization certificate as the...

7006 - Removal of Directors. - (a) In the case of a corporation having cumulative voting,...

7007 - Quorum of Directors. - § 7007. Quorum of directors. 1. Subject to subdivision two...

7008 - Action by the Board. - § 7008. Action by the board. 1. Any reference in...

7009 - Greater Requirement as to Quorum and Vote of Directors. - (a) That the proportion of directors that shall constitute a...

7010 - Place and Time of Meetings of the Board. - § 7010. Place and time of meetings of the board....

7011 - Notice of Board Meetings; Waiver; Adjournment. - § 7011. Notice of board meetings; waiver; adjournment. 1. Unless...

7012 - Executive Committee and Other Committees. - (a) The submission to stockholders of any action that needs...

7013 - Officers. - § 7013. Officers. 1. The board of every corporation, at...

7014 - Removal of Officers. - § 7014. Removal of officers. 1. Any officer elected or...

7015 - Duty of Directors and Officers; Oath of Directors. - (i) the prospects for potential growth, development, productivity and profitability...

7016 - Liability of Directors in Certain Cases. - § 7016. Liability of directors in certain cases. 1. Directors...

7017 - Actions Against Directors and Officers for Misconduct. - (a) To compel the defendant to account for his official...

7018 - Nonexclusivity of Statutory Provisions for Indemnification of Directors and Officers. - § 7018. Nonexclusivity of statutory provisions for indemnification of directors...

7019 - Authorization for Indemnification of Directors and Officers. - § 7019. Authorization for indemnification of directors and officers. 1....

7020 - Payment of Indemnification Other Than by Court Award. - (a) By the board acting by a quorum consisting of...

7021 - Indemnification of Directors and Officers by a Court. - (a) In the civil action or proceeding in which the...

7022 - Other Provisions Affecting Indemnification of Directors and Officers. - (a) That the indemnification would be inconsistent with a provision...

7023 - Insurance for Idemnification of Directors and Officers. - (1) To indemnify the corporation for any obligation which it...

Title 8 - Amendments and Changes

8001 - Right to Amend Organization Certificate. - (a) To change its corporate name. (b) In the case...

8002 - Reduction of Capital Stock by Amendment. - § 8002. Reduction of capital stock by amendment. A corporation...

8003 - Authorization of Amendment or Change. - § 8003. Authorization of amendment or change. 1. Amendment of...

8004 - Class Voting on Amendment. - (a) Exclude or limit their right to vote on any...

8005 - Certificate of Amendment or of Change; Contents. - (a) The name of the corporation and, if it has...

8006 - Provisions as to Certain Proceedings. - (a) Any changes that may be made in the relative...

8007 - Restated Organization Certificate. - (a) The name of the corporation and, if it has...

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New York Laws BNK - Banking Article 15 - General Provisions Applicable to Banking Stock Corporations, Limited Liability Investment Companies, and Limited Liability Trust Companies

New York Laws
BNK - Banking
Article 15 - General Provisions Applicable to Banking Stock Corporations, Limited Liability Investment Companies, and Limited Liability Trust Companies