New York Statutes

§ 10 — Classes of corporations

New York·Law CCO Cooperative Corporations·Art. 2 Formation and Dissolution of Cooperative Corporations; Classes; Powers; By-laws
§ 10. Classes of corporations. A cooperative corporation shall be\neither stock or non-stock. A stock cooperative shall issue to members\nshares of stock evidencing membership and may issue, to members or\nothers, shares of stock of a different class or classes not evidencing\nmembership.\n

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