New York Statutes
§ 463 — Exemptions and individual liability of shareholders
New York § 463
This text of New York § 463 (Exemptions and individual liability of shareholders) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. Banking § 463 (2026).
Text
§ 463. Exemptions and individual liability of shareholders. The\ntransfer of the shares of any credit union shall not be taxable under\nthe provisions of article twelve of the tax law.\n The shareholders of a credit union shall not be individually liable\nfor the payment of the credit union's debts.\n
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Bluebook (online)
New York § 463, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/463.