New York Laws > Cooperative Corporations > Article 7 – Provisions as to Credit and Agency Corporations
Current as of: 2022 |
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| § 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.