N.Y. Religious Corporations Law 404 – Formation of a new society
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§ 404. Formation of a new society. Five or more persons of full age may form a corporation under this article by holding a meeting for incorporation in accordance with section four hundred two hereof, at which all of them shall be qualified voters. If the majority of those attending such meeting decide in favor of incorporation, a certificate of incorporation may be filed in accordance with section four hundred three hereof.
Terms Used In N.Y. Religious Corporations Law 404
- 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.