New York Statutes
§ 520 — Liability for failure to disclose required information
§ 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
Free access — add to your briefcase to read the full text and ask questions with AI
New York § 520 (Liability for failure to disclose required information) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.