N.Y. Public Authorities Law 2549 – Corporation counsel to be attorney
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§ 2549. Corporation counsel to be attorney. The corporation counsel of the city shall be attorney and counsel for the corporation, except with the approval of the corporation counsel the corporation may retain or employ such counsel as are necessary to carry on its corporate purposes.
Terms Used In N.Y. Public Authorities Law 2549
- 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.