New York § 5-B Corporations subject to chapter although not transacting business

New York Statutes

§ 5-B — Corporations subject to chapter although not transacting business

New York § 5-B

Law PBSPublic Service

Art. 1The Department of Public Service

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Bluebook

N.Y. Public Service § 5-B (2026).

Text

  § 5-b. Corporations subject to chapter although not transacting\nbusiness.  Corporations formed to acquire property or to transact\nbusiness which would be subject to the provisions of this chapter, and\ncorporations possessing franchises for any of the purposes contemplated\nby this chapter, shall be deemed to be subject to the provisions of this\nchapter although no property may have been acquired, business transacted\nor franchises exercised.\n

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§ 5-b. Corporations subject to chapter although not transacting\nbusiness. Corporations formed to acquire property or to transact\nbusiness which would be subject to the provisions of this chapter, and\ncorporations possessing franchises for any of the purposes contemplated\nby this chapter, shall be deemed to be subject to the provisions of this\nchapter although no property may have been acquired, business transacted\nor franchises exercised.\n