N.Y. Cooperative Corporations Law 43 – Resignation of members
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§ 43. Resignation of members. Any member of a non-stock corporation may, subject to fulfilling the liability, contractural or otherwise, then incurred by him as a member of such corporation, resign and withdraw from such corporation, in accordance with provisions therefor in the by-laws.
Terms Used In N.Y. Cooperative Corporations Law 43
- 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.