Section 13. Purposes for which general cooperative corporations may be formed  


Latest version.
  • 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  other cooperatives with which it is
      affiliated,  by  performing  services  connected  with   the   purchase,
      financing,    production,    manufacture,    warehousing,   cultivating,
      harvesting,  preservation,  drying,  processing,   cleansing,   canning,
      blending,  packing,  grading,  storing, handling, utilization, shipping,
      marketing, merchandising, selling, financing or otherwise  disposing  of
      the  agricultural and food products of its members or of any by-products
      thereof, including livestock waste or other organic agricultural  wastes
      and the capture of methane and other gases for the generation and use or
      sale  of  energy,  as  defined  in  section  1-103 of the energy law, or
      connected with the acquisition for its members of  labor,  supplies  and
      articles  of common use, including livestock, equipment, machinery, food
      products, family or other household and personal supplies, to be used or
      consumed by the members, their families or guests, or  for  carrying  on
      any  other household operation or educational work in home economics and
      cooperation by or for its members, or for  buying,  selling  or  leasing
      homes  or  farms  for  its members, or building or conducting housing or
      eating  places  cooperatively,  or  for   furnishing   medical   expense
      indemnity, dental expense indemnity, or hospital services to persons who
      become  subscribers under contracts with such corporations in the manner
      provided in article forty-three of the insurance law, or for the purpose
      of organizing agency or credit corporations as provided in article seven
      of this chapter, but a corporation so organized as a credit  corporation
      shall not have power to engage in any other activities. A certificate of
      incorporation,  which  includes  the  purpose of carrying on educational
      work, shall have attached thereto the consent  of  the  commissioner  of
      education.  A  worker  cooperative may be formed for any lawful business
      purpose and may be conducted for profit.