This text of New York § 201 (Purposes) 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.
§ 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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§ 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 this chapter.\n (b) The approval of the industrial board of appeals is required for\nthe filing with the department of state of any certificate of\nincorporation, certificate of merger or consolidation or application of\na foreign corporation for authority to do business in this state which\nstates as the purpose or one of the purposes of the corporation the\nformation of an organization of groups of working men or women or wage\nearners, or the performance, rendition or sale of services as labor\nconsultant or as advisor on labor-management relations or as arbitrator\nor negotiator in labor-management disputes.\n (c) In time of war or other national emergency, a corporation may do\nany lawful business in aid thereof, notwithstanding the purpose or\npurposes set forth in its certificate of incorporation, at the request\nor direction of any competent governmental authority.\n (d) A corporation whose statement of purposes specifically includes\nthe establishment or operation of a child day care center, as that term\nis defined in section three hundred ninety of the social services law,\nshall provide a certified copy of the certificate of incorporation, each\namendment thereto, and any certificate of merger, consolidation or\ndissolution involving such corporation to the office of children and\nfamily services within thirty days after the filing of such certificate,\namendment, merger, consolidation or dissolution with the department of\nstate. This requirement shall also apply to any foreign corporation\nfiling an application for authority under article thirteen of this\nchapter, any amendments thereto, and any surrender of authority or\ntermination of authority in this state of such corporation.\n (e) A corporation may not include as its purpose or among its purposes\nthe establishment or maintenance of a hospital or facility providing\nhealth related services, as those terms are defined in article\ntwenty-eight of the public health law unless its certificate of\nincorporation shall so state and such certificate shall have annexed\nthereto the approval of the public health and health planning council.\n