§ 160-dd. New York black car operators' injury compensation fund, inc. There is hereby created a not-for-profit corporation to be known as the New York black car operators' injury compensation fund, inc. To the extent that the provisions of the not-for-profit corporation law do not conflict with the provisions of this article, or with the plan of operation established pursuant to this article, the not-for-profit corporation law shall apply to the fund, which shall be a type C corporation pursuant to such law. If an applicable provision of this article or of the fund's plan of operation relates to a matter embraced in a provision of the not-for-profit corporation law but is not in conflict therewith, both provisions shall apply. The fund shall perform its functions in accordance with its plan of operation established and approved pursuant to section one hundred sixty-gg of this article and shall exercise its powers through a board of directors established pursuant to this article.

Terms Used In N.Y. Executive Law 160-DD

  • Board: means the workers' compensation board. See N.Y. Executive Law 160-CC
  • 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.
  • Fund: means the New York black car operators' injury compensation fund, inc. See N.Y. Executive Law 160-CC