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The Laws of New York
Consolidated Laws of New York
CHAPTER 77
Cooperative Corporations
ARTICLE 4
Directors, Officers and Employees
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SECTION 64
Officers
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ARTICLE 4
Directors, Officers and Employees
This entry was published on 2014-09-22
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SECTION 65
Officers and employees to be bonded
Cooperative Corporations (CCO) CHAPTER 77, ARTICLE 4
§ 65. Officers and employees to be bonded. Before handling funds or
securities of the corporation, amounting to one thousand dollars or more
in any one year, the officer or employee shall be covered by an adequate
bond to be approved by the board of directors.