New York Statutes

§ 201 — Purposes

New York·Law BSC Business Corporation·Art. 2 Corporate Purposes and Powers
§ 201. Purposes.\n (a) A corporation may be formed under this chapter for any lawful\nbusiness purpose or purposes except to do in this state any business for\nwhich formation is permitted under any other statute of this state\nunless such statute permits formation under this chapter. If,\nimmediately prior to the effective date of this chapter, a statute of\nthis state permitted the formation of a corporation under the stock\ncorporation law for a purpose or purposes specified in such other\nstatute, such statute shall be deemed and construed to permit formation\nof such corporation under this chapter, and any conditions, limitations\nor restrictions in such other statute upon the formation of such\ncorporation under the stock corporation law shall apply to the formation\nthereof under t

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