State Codes and Statutes

Statutes > New-york > Bsc > Article-5 > 520

§ 520. Liability for failure to disclose required information.    Failure  of the corporation to comply in good faith with the notice or  disclosure provisions of paragraphs (f) and (g) of  section  511  (Share  distributions  and  changes), or paragraph (c) of section 516 (Reduction  of stated capital in certain cases), shall make the  corporation  liable  for any damage sustained by any shareholder in consequence thereof.

State Codes and Statutes

Statutes > New-york > Bsc > Article-5 > 520

§ 520. Liability for failure to disclose required information.    Failure  of the corporation to comply in good faith with the notice or  disclosure provisions of paragraphs (f) and (g) of  section  511  (Share  distributions  and  changes), or paragraph (c) of section 516 (Reduction  of stated capital in certain cases), shall make the  corporation  liable  for any damage sustained by any shareholder in consequence thereof.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Bsc > Article-5 > 520

§ 520. Liability for failure to disclose required information.    Failure  of the corporation to comply in good faith with the notice or  disclosure provisions of paragraphs (f) and (g) of  section  511  (Share  distributions  and  changes), or paragraph (c) of section 516 (Reduction  of stated capital in certain cases), shall make the  corporation  liable  for any damage sustained by any shareholder in consequence thereof.