§ 120 Organization
§ 121 Special Powers
§ 122 Purchase of Stock, Assets or Business of Other Corporations
§ 123 Credit and Agency Corporations; Ownership of Voting Common Stock; Directors

Terms Used In New York Laws > Cooperative Corporations > Article 7 - Provisions as to Credit and Agency Corporations

  • cooling tower: means a cooling tower, evaporative condenser or fluid cooler that is part of a recirculated water system incorporated into a building's cooling, industrial process, refrigeration, or energy production system. See N.Y. New York City Administrative Code 28-317.2
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.