Laws of New York (Last Updated: November 21, 2014) |
NPC Not-For-Profit Corporation |
Article 5. CORPORATE FINANCE |
Section 501. Stock and shares prohibited; membership certificates authorized |
Section 502. Members' capital contributions |
Section 503. Capital certificates |
Section 504. Subventions |
Section 505. Subvention certificates |
Section 506. Bonds and security interests |
Section 507. Fees, dues and assessments; fines and penalties |
Section 508. Income from corporate activities |
Section 509. Purchase, sale, mortgage and lease of real property |
Section 510. Disposition of all or substantially all assets |
Section 511. Petition for leave of court |
Section 512. Investment authority |
Section 513. Administration of assets received for specific purposes |
Section 514. Delegation of investment management |
Section 515. Dividends prohibited; certain distributions of cash or property authorized |
Section 516. Distributions to members upon termination of membership |
Section 517. Liabilities of members |
Section 519. Annual report of directors |
Section 520. Reports of corporation |
Section 521. Liability for failure to disclose required information |
Section 522. Release of restrictions on use or investment |