New York Statutes

§ 502 — Severability

New York·Law BNK Banking·Art. 11-B Sales Finance Companies

  § 502. Severability. If any provision of this article or the\napplication thereof to any person or circumstance is held invalid, such\ninvalidity shall not affect the remainder of this article or the\napplication of such provision to other persons or other circumstances.\n

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Nearby Sections

15

§ 5001

Authorized shares

§ 5002

Issue of any class of preferred shares in series

§ 5003

Subscription for shares; time of payment, forfeiture for default

§ 5004

Consideration and payment for shares

§ 5005

Transferable rights to purchase shares; imposition of restrictions or conditions thereon

§ 5006

Compensation for formation, reorganization and financing

§ 5007

Certificates representing shares

§ 5008

Fractions of a share or scrip authorized

§ 5009

Dividends or other distributions in cash or property

§ 501

Repeal of inconsistent acts

§ 5010

Share distributions and changes

§ 5011

Redeemable shares

§ 5012

Purchase or redemption by a corporation of its own shares

§ 5013

Agreements for purchase by a corporation of its own shares

§ 5014

Reacquired shares

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