§ 13-A — The applicability of not-for-profit corporation law

New York § 13-A

• Jurisdiction: New York
• Law PVH: Private Housing Finance
• Art. 2: Limited-profit Housing Companies

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§ 13-a. The applicability of not-for-profit corporation law. 1. The\nnot-for-profit corporation law applies to every company heretofore or\nhereafter formed under this article and the not-for-profit corporation\nlaw, provided that:\n (a) If any provision of the not-for-profit corporation law conflicts\nwith any provision of this article, the provision of this article shall\nprevail and the conflicting provision of the not-for-profit corporation\nlaw shall not apply in any such case. If any provision of this article\nrelates to a matter embraced in the not-for-profit corporation law but\nis not in conflict therewith, both provisions shall apply.\n (b) The following provisions of the not-for-profit corporation law\nshall not apply to companies formed pursuant to this article and the\nnot-for-profit corporation law:\n Paragraphs (7) and (8) of subdivision (a) of section one hundred\ntwelve, section one hundred thirteen, section one hundred fourteen,\nsection two hundred one, section three hundred four, section three\nhundred seven, section four hundred four, subdivision (3) of paragraph\n(a) of section five hundred ten, section six hundred nine, section six\nhundred seventeen, paragraphs (a) and (b) of section eight hundred four,\narticle nine, section ten hundred eleven, section ten hundred twelve,\narticle thirteen, article fourteen.\n 2. Every corporation to which the not-for-profit corporation law is\nmade applicable by this section is a charitable corporation as defined\nin paragraph (a) of section one hundred two (Definitions) of the\nnot-for-profit corporation law for all purposes of that law.\n