N.Y. Transportation Corporations Law 40 – Definition
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In N.Y. Transportation Corporations Law 40
- 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.
A water-works corporation is a corporation organized to supply water by mains or pipes to any of the cities, towns or villages in this state, and the inhabitants thereof.