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The Laws of New York
Consolidated Laws of New York
CHAPTER 4
Business Corporation
ARTICLE 9
Merger or Consolidation; Guarantee; Disposition of Assets; Share Exchanges
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SECTION 910
Right of shareholder to receive payment for shares upon merger or consolidation, or sale, lease, exchange or other disposition of assets,...
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ARTICLE 9
Merger or Consolidation; Guarantee; Disposition of Assets; Share Exchanges
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SECTION 912
Requirements relating to certain business combinations
This entry was published on 2014-09-22
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SECTION 911
Mortgage or pledge of, or security interest in, corporate property
Business Corporation (BSC) CHAPTER 4, ARTICLE 9
§ 911. Mortgage or pledge of, or security interest in, corporate

property.

The board may authorize any mortgage or pledge of, or the creation of
a security interest in, all or any part of the corporate property, or
any interest therein, wherever situated. Unless the certificate of
incorporation provides otherwise, no vote or consent of shareholders
shall be required to approve such action by the board.