N.Y. Business Corporation Law 1212 – Disposition of moneys retained; surplus; unclaimed distributions
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Terms Used In N.Y. Business Corporation Law 1212
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.