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  • SECTION 82
    Corporations organized under the business corporation law; election to be governed as worker cooperative
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  • ARTICLE 5-A
    Worker Cooperative Corporations
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  • SECTION 84
    Applicability of the business corporation law
    • This entry was published on 2014-09-22
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    SECTION 83

    Status as profit-making corporation

    Cooperative Corporations (CCO) CHAPTER 77, ARTICLE 5-A

    § 83. Status as profit-making corporation. Notwithstanding any
    inconsistent provisions of this chapter, no worker cooperative shall be
    classed as a non-profit or not-for-profit corporation.