NY Code - Article 5: CORPORATE FINANCE

Section 501 Stock and shares prohibited; membership certificates authorized
Section 502 Members' capital contributions
Section 503 Capital certificates
Section 504 Subventions
Section 505 Subvention certificates
Section 506 Bonds and security interests
Section 507 Fees, dues and assessments; fines and penalties
Section 508 Income from corporate activities
Section 509 Purchase, sale, mortgage and lease of real property
Section 510 Disposition of all or substantially all assets
Section 511 Petition for leave of court
Section 512 Investment authority
Section 513 Administration of assets received for specific purposes
Section 514 Delegation of investment management
Section 515 Dividends prohibited; certain distributions of cash or property authorized
Section 516 Distributions to members upon termination of membership
Section 517 Liabilities of members
Section 519 Annual report of directors
Section 520 Reports of corporation
Section 521 Liability for failure to disclose required information
Section 522 Release of restrictions on use or investment

FORMATION OF CORPORATIONS

Not-For-Profit Corporation

MEMBERS