New York Cooperative Corporations Law Article 7 - PROVISIONS AS TO CREDIT AND AGENCY CORPORATIONS

• 120 - Organization.
  A cooperative corporation may be organized as an agency, subsidiary or holding corporation to assist, further and finance other cooperative corporations in their corporate purposes...
• 121 - Special Powers.
  Any credit corporation organized under this chapter may make loans to members of a cooperative corporation owning in whole or in part the stock of...
• 122 - Purchase of Stock, Assets or Business of Other Corporations.
  An agency corporation organized under this article may purchase stock or property or any interest in any property of any person, firm, corporation or association,...
• 123 - Credit and Agency Corporations; Ownership of Voting Common Stock; Directors.
  All the voting common stock of a cooperative credit or agency corporation must be owned by one or more cooperative corporations organized or operating under...

Last modified: February 3, 2019