New York § 520 Liability for failure to disclose required information

New York Statutes

§ 520 — Liability for failure to disclose required information

New York § 520

Law BSCBusiness Corporation

Art. 5Corporate Finance

This text of New York § 520 (Liability for failure to disclose required information) 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. Business Corporation § 520 (2026).

Text

§ 520. Liability for failure to disclose required information.\n  Failure  of the corporation to comply in good faith with the notice or\ndisclosure provisions of paragraphs (f) and (g) of  section  511  (Share\ndistributions  and  changes), or paragraph (c) of section 516 (Reduction\nof stated capital in certain cases), shall make the  corporation  liable\nfor any damage sustained by any shareholder in consequence thereof.\n

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§ 520. Liability for failure to disclose required information.\n Failure of the corporation to comply in good faith with the notice or\ndisclosure provisions of paragraphs (f) and (g) of section 511 (Share\ndistributions and changes), or paragraph (c) of section 516 (Reduction\nof stated capital in certain cases), shall make the corporation liable\nfor any damage sustained by any shareholder in consequence thereof.\n

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New York § 520, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/BSC/520.