Definitions
Source:
Section 81 — Definitions, https://www.nysenate.gov/legislation/laws/CCO/81 (updated Sep. 22, 2014; accessed Nov. 29, 2025).
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
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
