Statute · New York General Associations Law
N.Y. Gen. Ass'ns Law § 3 — Contents of articles of association
N.Y. Gen. Ass'ns Law § 3
- Type
- Statute
- Source
- New York General Associations Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 3. Contents of articles of association. The articles of association of a joint-stock association may:
Citator
N.Y. Gen. Ass'ns Law § 3 — Contents of articles of association is in force in the current edition of the Code, and nothing recorded condemns it.
§ 3. Contents of articles of association. The articles of association of a joint-stock association may:
1. Provide that the death of a stockholder thereof, or the transfer of his shares of stock therein, shall not work a dissolution of the association;
2. Prescribe the number of its directors, not less than three, to have the sole management of its affairs;
3. Contain any other provision for the management of its affairs not inconsistent with law.