§ 60 Directors; terms; election; duties
§ 61 Directors from districts
§ 62 Salaries
§ 63 Removal of directors
§ 64 Officers
§ 65 Officers and employees to be bonded

Terms Used In New York Laws > Cooperative Corporations > Article 4 - Directors, Officers and Employees

  • 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.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Cross examine: Questioning of a witness by the attorney for the other side.