Section 13-A. The applicability of not-for-profit corporation law  


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  • 1.  The
      not-for-profit corporation law applies to every  company  heretofore  or
      hereafter  formed  under this article and the not-for-profit corporation
      law, provided that:
        (a) If any provision of the not-for-profit corporation  law  conflicts
      with  any provision of this article, the provision of this article shall
      prevail and the conflicting provision of the not-for-profit  corporation
      law  shall  not apply in any such case. If any provision of this article
      relates to a matter embraced in the not-for-profit corporation  law  but
      is not in conflict therewith, both provisions shall apply.
        (b)  The  following  provisions  of the not-for-profit corporation law
      shall not apply to companies formed pursuant to  this  article  and  the
      not-for-profit corporation law:
        Paragraphs  (7)  and  (8)  of  subdivision  (a) of section one hundred
      twelve, section one hundred  thirteen,  section  one  hundred  fourteen,
      section  two  hundred  one,  section  three  hundred four, section three
      hundred seven, section four hundred four, subdivision (3)  of  paragraph
      (a)  of  section five hundred ten, section six hundred nine, section six
      hundred seventeen, paragraphs (a) and (b) of section eight hundred four,
      article nine, section ten hundred eleven, section  ten  hundred  twelve,
      article thirteen, article fourteen.
        2.  Every  corporation  to which the not-for-profit corporation law is
      made applicable by this section is a type B corporation for all purposes
      of that law.