New York Cooperative Corporations Law Article 5 - MISCELLANEOUS PROVISIONS

• 70 - Marketing Contract.
  1. The certificate of incorporation or the by-laws may obligate the members to sell all or any part of their specified commodities exclusively to or...
• 71 - Purchasing Business of Other Corporations or Persons.
  Whenever a corporation shall purchase the business of another corporation or person, it may make payment wholly or partly by the issue of shares or...
• 72 - Reserves, Net Margins, Net Retained Proceeds, Distributions, and Patronage Refunds.
  The directors shall periodically set aside reasonable sums for reserves. The net margins or net retained proceeds may, in the discretion of the directors, be...
• 73 - Misdemeanor to Spread False Reports About the Finances or Management Thereof.
  Any person who maliciously and knowingly spreads false reports about the finances or management or activity of any cooperative corporation incorporated under or subject to...
• 74 - Liability for Damages for Encouraging or Permitting Delivery of Products in Violation of Marketing Agreements.
  Any person, firm or corporation who solicits or persuades or aids or abets any member of any cooperative corporation incorporated under or subject to this...
• 75 - Audit and Annual Report.
  Immediately after the close of each fiscal year, every cooperative corporation shall cause an audit to be made of its operations for such fiscal year....
• 76 - Foreign Corporations.
  Any cooperative corporation organized as such under the laws of another state, or any foreign corporation of any type or kind which has as its...
• 77 - Annual License Fee.
  1. Each cooperative corporation organized, with or without capital stock, for the purpose of cooperative marketing of agricultural products or for the purpose of making...

Last modified: February 3, 2019