New York Laws > Cooperative Corporations > Article 6 – Agricultural Cooperative Corporation
Current as of: 2024 | Check for updates
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Other versions
| § 110 | Declaration of policy |
| § 111 | Definitions |
| § 112 | Incorporation |
| § 113 | Reserves |
Terms Used In New York Laws > Cooperative Corporations > Article 6 - Agricultural Cooperative Corporation
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Conviction: A judgement of guilt against a criminal 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.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.