N.Y. Not-for-Profit Corporation Law 1314 – Actions or special proceedings by foreign corporations
Current as of: 2024 | Check for updates
|
Other versions
§ 1314. Actions or special proceedings by foreign corporations.
Terms Used In N.Y. Not-for-Profit Corporation Law 1314
- 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.
- Statute: A law passed by a legislature.
An action or special proceeding may be maintained by a foreign corporation, in like manner and subject to the same limitations, as an action or special proceeding brought by a domestic corporation, except as otherwise prescribed by statute.