New York Laws > Cooperative Corporations > Article 1 – Short Title; Policy; Definitions
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§ 1 | Short title |
§ 2 | Declaration of policy |
§ 3 | Definitions |
§ 4 | Applicability |
§ 5 | Applicability of business corporation law to cooperative corporations |
Terms Used In New York Laws > Cooperative Corporations > Article 1 - Short Title; Policy; Definitions
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Statute: A law passed by a legislature.