New York Cooperative Corporations Law Article 2 - FORMATION AND DISSOLUTION OF COOPERATIVE CORPORATIONS; CLASSES; POWERS; BY-LAWS

• 10 - Classes of Corporations.
  A cooperative corporation shall be either stock or non-stock. A stock cooperative shall issue to members shares of stock evidencing membership and may issue, to...
• 11 - Five or More Persons May Form a Corporation, Under This Chapter, by Making, Acknowledging and Filing a Certificate of Incorporation Which Shall State:
  1. Its name. The name shall include the word "Cooperative." 2. Its purposes, as permitted by this chapter. 3. Its duration. 4. The city, village...
• 12 - Amendments to Certificate of Incorporation.
  The certificate of incorporation of any cooperative corporation may be amended as approved by the affirmative vote of two-thirds of the members voting thereon at...
• 13 - Purposes for Which General Cooperative Corporations May Be Formed.
  A cooperative corporation may be created under this chapter primarily for mutual help, not conducted for profit, for the purposes of assisting its members, including...
• 14 - General Powers.
  In addition to the powers and rights set out in the business corporation law or, in the case of a membership cooperative, the not-for-profit corporation...
• 15 - Filing Certificate.
  No certificate of incorporation, and no amendment thereof, and no certificate of merger or consolidation shall take effect until it has been filed with the...
• 16 - By-Laws.
  The by-laws may provide for their amendment by the board of directors; but any amendment adopted by the board shall be reported to the annual...
• 17 - Voluntary Dissolution.
  A cooperative corporation may, at any meeting and upon due and express notice previously given, by vote of two-thirds of all of the members or...
• 18 - Jurisdiction of the Supreme Court.
  In the case of a corporation dissolving as provided in this chapter, the supreme court, upon the petition of the committee or a majority of...

Last modified: February 3, 2019