N.Y. General Associations Law Section 2

As used in this chapter:


The term “joint stock association” includes every unincorporated joint stock association, company or enterprise having written articles of association and capital stock divided into shares, but does not include a corporation or a business trust.


The term “business trust” means any association operating a business under a written instrument or declaration of trust, the beneficial interest under which is divided into shares represented by certificates.


The term “stockholder” means every member of a joint stock association.


The term “association,” as used in article 4 (Certificate of Designation By Associations Doing Business Within This State)article four of this chapter, means a joint stock association or a business trust as defined in this section.

Source: Section 2 — Definitions, https://www.­nysenate.­gov/legislation/laws/GAS/2 (updated Sep. 22, 2014; accessed Jun. 8, 2024).

Jun. 8, 2024

Last modified:
Sep. 22, 2014

§ 2’s source at nysenate​.gov

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