Section 404. Formation of a new society  


Latest version.
  • Five or more persons of full age
      may form a corporation under this  article  by  holding  a  meeting  for
      incorporation  in  accordance  with  section four hundred two hereof, at
      which all of them shall be qualified voters. If the  majority  of  those
      attending  such  meeting decide in favor of incorporation, a certificate
      of incorporation may be filed in accordance with  section  four  hundred
      three hereof.