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  4. Art. 5-A

Article 5-A
Worker Cooperative Corporations

Sections

80
Legislative findings
81
Definitions
82
Corporations organized under the business corporation law
83
Status as profit-making corporation
84
Applicability of the business corporation law
85
Applicability of the cooperative corporations law
86
Revocation of election
87
Corporate name
88
Members
89
Voting shares
90
Net retained proceeds or losses
91
Directors
92
Internal capital accounts
93
Internal capital account cooperatives
94
Conversion of membership shares and internal capital accounts upon revocation of election
 



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Location: https://newyork.public.law/laws/n.y._cooperative_corporations_law_article_5-a

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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