Statute · New York General Associations Law
N.Y. Gen. Ass'ns Law § 2 — Definitions
N.Y. Gen. Ass'ns Law § 2
- Type
- Statute
- Source
- New York General Associations Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 2. Definitions. As used in this chapter: 1. The term "joint stock association" includes every unincorporated joint stock association, company or enterprise having written articles of association and capital stock divided into shares, but does not include a corporation or a business trust.
Citator
N.Y. Gen. Ass'ns Law § 2 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.
§ 2. Definitions. As used in this chapter: 1. The term "joint stock association" includes every unincorporated joint stock association, company or enterprise having written articles of association and capital stock divided into shares, but does not include a corporation or a business trust.
2. The term "business trust" means any association operating a business under a written instrument or declaration of trust, the beneficial interest under which is divided into shares represented by certificates.
3. The term "stockholder" means every member of a joint stock association.
4. The term "association," as used in article four of this chapter, means a joint stock association or a business trust as defined in this section.