Statute · New York Cooperative Corporations Law

N.Y. Coop. Corp. Law § 10 — Classes of corporations

N.Y. Coop. Corp. Law § 10

Type
Statute
Source
New York Cooperative Corporations Law
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

§ 10. Classes of corporations. A cooperative corporation shall be either stock or non-stock. A stock cooperative shall issue to members shares of stock evidencing membership and may issue, to members or others, shares of stock of a different class or classes not evidencing membership.

Citator

N.Y. Coop. Corp. Law § 10 — Classes of corporations is in force in the current edition of the Code, and nothing recorded condemns it.

§ 10. Classes of corporations. A cooperative corporation shall be either stock or non-stock. A stock cooperative shall issue to members shares of stock evidencing membership and may issue, to members or others, shares of stock of a different class or classes not evidencing membership.