New York Cooperative Corporations Law Article 3 - MEMBERS AND MEETINGS
- 40 - Certificate of Membership.
Every corporation shall issue to each member, upon full payment therefor, a certificate of membership (whether evidenced by stock or otherwise) which shall not be...
- 41 - Representation of Members.
If a member be other than a natural person, such member may be represented by any individual duly authorized in writing filed with the corporation.
- 42 - Forfeiture of Membership.
In accordance with provisions therefor in the by-laws, any person shall forfeit his membership upon proof that he has ceased to be engaged in the...
- 43 - Resignation of Members.
Any member of a non-stock corporation may, subject to fulfilling the liability, contractural or otherwise, then incurred by him as a member of such corporation,...
- 44 - Voting by Members.
Except as otherwise provided in this chapter and section two hundred fifty-eight-l of the agriculture and markets law, each member shall be entitled to one...
- 45 - Voting by Delegates.
A cooperative corporation may, by by-law, provide for a method of voting for the election of a delegate or delegates from each of its designated...
- 46 - Proportionate Voting.
A corporation incorporated under this chapter may provide in its certificate of incorporation for proportionate or unequal voting rights of all its members, based upon...
- 47 - Liability of Members.
1. Members of a cooperative corporation shall not be personally liable for its debts, unless otherwise provided in its certificate of incorporation; provided, however, that...
Last modified: February 3, 2019