
Business Corporations FAQs New York State Department Form


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People also ask
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What is Section 404 of the New York Business Corporation law?
§ 404. Approvals, notices and consents. (a) Every certificate of incorporation which includes among its purposes the formation of a trade or business association shall have endorsed thereon or annexed thereto the consent of the attorney-general.
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What is Section 630 of the Business Corporation law of New York?
New York's Business Corporation Law (“BCL”) § 630(a) provides that “[t]he ten largest shareholders,” of a corporation are “personally liable”, “jointly and severally”, “for all debts, wages or salaries due and owing to any of its laborers, servants or employees other than contractors, for services performed by them for ...
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What is section 602 of the New York business Corporation law?
The New York State Business Corporation Law in section 602 requires business corporations, including co-ops, to hold annual meetings for the selection of board members.
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What is 615 of the New York Business Corporation Law?
Section 615 - Greater requirement as to quorum and vote of members (a) The certificate of incorporation or a by-law adopted by the members may contain provisions specifying either or both of the following: (1) That the proportion of members, or of a class thereof, who shall be present in person or by proxy at any ...
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What is Section 719 of the New York business Corporation law?
Section 719 - Liability of directors in certain cases (a) Directors of a corporation who vote for or concur in any of the following corporate actions shall be jointly and severally liable to the corporation for the benefit of its creditors or shareholders, to the extent of any injury suffered by such persons, ...
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What is Section 1203 of the New York State Business Corporation law?
Section 1203(b) of the Limited Liability Company Law requires that the articles of organization of a professional service limited liability company must meet the requirements of this chapter and must state the profession or professions to be practiced by such limited liability company and (A) the names, New York State ...
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What is Section 615 A of the business Corporation Law of the State of New York?
(a) Whenever under this chapter shareholders are required or permitted to take any action by vote, such action may be taken without a meeting on written consent, setting forth the action so taken, signed by the holders of all outstanding shares entitled to vote thereon or, if the certificate of incorporation so permits ...
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What is Section 404 of the New York business Corporation law?
§ 404. Approvals, notices and consents. (a) Every certificate of incorporation which includes among its purposes the formation of a trade or business association shall have endorsed thereon or annexed thereto the consent of the attorney-general.
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