Statute · New York Arts and Cultural Affairs Law
N.Y. Arts & Cult. Aff. Law § 40.13 — Members not to profit
N.Y. Arts & Cult. Aff. Law § 40.13
- Type
- Statute
- Source
- New York Arts and Cultural Affairs Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 40.13. Members not to profit. No member of the trust shall receive or may be lawfully entitled to receive any pecuniary profit from the operation of the trust.
Citator
N.Y. Arts & Cult. Aff. Law § 40.13 — Members not to profit is in force in the current edition of the Code, and nothing recorded condemns it.
§ 40.13. Members not to profit. No member of the trust shall receive or may be lawfully entitled to receive any pecuniary profit from the operation of the trust.