Statute · New York Not-for-Profit Corporation Law
N.Y. Not-for-Profit Corp. Law § 204 — Limitation on activities
N.Y. Not-for-Profit Corp. Law § 204
- Type
- Statute
- Source
- New York Not-for-Profit Corporation Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 204. Limitation on activities.
Citator
N.Y. Not-for-Profit Corp. Law § 204 — Limitation on activities is in force in the current edition of the Code, and nothing recorded condemns it.
§ 204. Limitation on activities.
Notwithstanding any other provision of this chapter or any other general law, a corporation of any kind to which this chapter applies shall conduct no activities for pecuniary profit or financial gain, whether or not in furtherance of its corporate purposes, except to the extent that such activity supports its other lawful activities then being conducted.