N.Y. Arts and Cultural Affairs Law Section 40.13
Members not to profit

No member of the trust shall receive or may be lawfully entitled to receive any pecuniary profit from the operation of the trust.

Source: Section 40.13 — Members not to profit, https://www.­nysenate.­gov/legislation/laws/ACA/40.­13 (updated Sep. 22, 2014; accessed Feb. 28, 2026).

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Verified:
Feb. 28, 2026

Last modified:
Sep. 22, 2014

§ 40.13. Members not to profit's source at nysenate​.gov

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