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  2. Laws
  3. Banking Law
  4. Art. 15
  5. Title 5

Title 5
Corporate Finance

Sections

5001
Authorized shares
5002
Issue of any class of preferred shares in series
5003
Subscription for shares
5004
Consideration and payment for shares
5005
Transferable rights to purchase shares
5006
Compensation for formation, reorganization and financing
5007
Certificates representing shares
5008
Fractions of a share or scrip authorized
5009
Dividends or other distributions in cash or property
5010
Share distributions and changes
5011
Redeemable shares
5012
Purchase or redemption by a corporation of its own shares
5013
Agreements for purchase by a corporation of its own shares
5014
Reacquired shares
5015
Capital notes and debentures
5016
Convertible shares, capital notes and debentures
 



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Location: https://newyork.public.law/laws/n.y._banking_law_article_15_title_5

Blank Outline Levels

The legislature occasionally skips outline levels. For example:

(3) A person may apply [...]
(4)(a) A person petitioning for relief [...]

In this example, (3), (4), and (4)(a) are all outline levels, but (4) was omitted by its authors. It's only implied. This presents an interesting challenge when laying out the text. We've decided to display a blank section with this note, in order to aide readability.

Trust but verify.

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