New York Laws
NPC - Not-For-Profit Corporation
Article 5 - Corporate Finance

501 - Stock and Shares Prohibited; Membership Certificates Authorized. - A corporation shall not have stock or shares or certificates...

502 - Members' Capital Contributions. - (a) The certificate of incorporation may provide that members, upon...

503 - Capital Certificates. - (a) Each capital certificate shall be signed by the chairman...

504 - Subventions. - (a) The certificate of incorporation may provide that the corporation...

505 - Subvention Certificates. - (a) Each subvention certificate shall be signed by the chairman...

506 - Bonds and Security Interests. - (a) No corporation shall issue bonds except for money or...

507 - Fees, Dues and Assessments; Fines and Penalties. - (a) If authorized by its certificate of incorporation or by-laws...

508 - Income From Corporate Activities. - A corporation whose lawful activities involve among other things the...

509 - Purchase, Sale, Mortgage and Lease of Real Property. - (a) No corporation shall purchase real property unless such purchase...

510 - Disposition of All or Substantially All Assets. - (a) A sale, lease, exchange or other disposition of all,...

511 - Petition for Court Approval. - (a) To obtain court approval to sell, lease, exchange or...

511-A - Petition for Attorney General Approval. - (a) In lieu of obtaining court approval under section 511...

513 - Administration of Assets Received for Specific Purposes. - (a) A corporation which is, or would be if formed...

514 - Delegation of Investment Management. - (a) Except as otherwise provided by the applicable gift instrument...

515 - Dividends Prohibited; Certain Distributions of Cash or Property Authorized. - (a) A corporation shall not pay dividends or distribute any...

516 - Distributions to Members Upon Termination of Membership. - (a) Except as provided in this chapter or the certificate...

517 - Liabilities of Members. - (a) The members of a corporation shall not be personally...

519 - Annual Report of Directors. - (a) The board shall present at the annual meeting of...

519-A - Annual Reports for Certain Transactions Required. - (a) A condominium created pursuant to the real property law...

520 - Reports of Corporation. - Each domestic corporation, and each foreign corporation authorized to conduct...

521 - Liability for Failure to Disclose Required Information. - Failure of the corporation to comply in good faith with...