State Codes and Statutes

Statutes > New-york > Cco > Article-2 > 13

§  13.  Purposes  for  which  general  cooperative corporations may be  formed.  A cooperative corporation may be  created  under  this  chapter  primarily for mutual help, not conducted for profit, for the purposes of  assisting  its  members,  including  other cooperatives with which it is  affiliated,  by  performing  services  connected  with   the   purchase,  financing,    production,    manufacture,    warehousing,   cultivating,  harvesting,  preservation,  drying,  processing,   cleansing,   canning,  blending,  packing,  grading,  storing, handling, utilization, shipping,  marketing, merchandising, selling, financing or otherwise  disposing  of  the  agricultural and food products of its members or of any by-products  thereof, including livestock waste or other organic agricultural  wastes  and the capture of methane and other gases for the generation and use or  sale  of  energy,  as  defined  in  section  1-103 of the energy law, or  connected with the acquisition for its members of  labor,  supplies  and  articles  of common use, including livestock, equipment, machinery, food  products, family or other household and personal supplies, to be used or  consumed by the members, their families or guests, or  for  carrying  on  any  other household operation or educational work in home economics and  cooperation by or for its members, or for  buying,  selling  or  leasing  homes  or  farms  for  its members, or building or conducting housing or  eating  places  cooperatively,  or  for   furnishing   medical   expense  indemnity, dental expense indemnity, or hospital services to persons who  become  subscribers under contracts with such corporations in the manner  provided in article forty-three of the insurance law, or for the purpose  of organizing agency or credit corporations as provided in article seven  of this chapter, but a corporation so organized as a credit  corporation  shall not have power to engage in any other activities. A certificate of  incorporation,  which  includes  the  purpose of carrying on educational  work, shall have attached thereto the consent  of  the  commissioner  of  education.  A  worker  cooperative may be formed for any lawful business  purpose and may be conducted for profit.

State Codes and Statutes

Statutes > New-york > Cco > Article-2 > 13

§  13.  Purposes  for  which  general  cooperative corporations may be  formed.  A cooperative corporation may be  created  under  this  chapter  primarily for mutual help, not conducted for profit, for the purposes of  assisting  its  members,  including  other cooperatives with which it is  affiliated,  by  performing  services  connected  with   the   purchase,  financing,    production,    manufacture,    warehousing,   cultivating,  harvesting,  preservation,  drying,  processing,   cleansing,   canning,  blending,  packing,  grading,  storing, handling, utilization, shipping,  marketing, merchandising, selling, financing or otherwise  disposing  of  the  agricultural and food products of its members or of any by-products  thereof, including livestock waste or other organic agricultural  wastes  and the capture of methane and other gases for the generation and use or  sale  of  energy,  as  defined  in  section  1-103 of the energy law, or  connected with the acquisition for its members of  labor,  supplies  and  articles  of common use, including livestock, equipment, machinery, food  products, family or other household and personal supplies, to be used or  consumed by the members, their families or guests, or  for  carrying  on  any  other household operation or educational work in home economics and  cooperation by or for its members, or for  buying,  selling  or  leasing  homes  or  farms  for  its members, or building or conducting housing or  eating  places  cooperatively,  or  for   furnishing   medical   expense  indemnity, dental expense indemnity, or hospital services to persons who  become  subscribers under contracts with such corporations in the manner  provided in article forty-three of the insurance law, or for the purpose  of organizing agency or credit corporations as provided in article seven  of this chapter, but a corporation so organized as a credit  corporation  shall not have power to engage in any other activities. A certificate of  incorporation,  which  includes  the  purpose of carrying on educational  work, shall have attached thereto the consent  of  the  commissioner  of  education.  A  worker  cooperative may be formed for any lawful business  purpose and may be conducted for profit.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Cco > Article-2 > 13

§  13.  Purposes  for  which  general  cooperative corporations may be  formed.  A cooperative corporation may be  created  under  this  chapter  primarily for mutual help, not conducted for profit, for the purposes of  assisting  its  members,  including  other cooperatives with which it is  affiliated,  by  performing  services  connected  with   the   purchase,  financing,    production,    manufacture,    warehousing,   cultivating,  harvesting,  preservation,  drying,  processing,   cleansing,   canning,  blending,  packing,  grading,  storing, handling, utilization, shipping,  marketing, merchandising, selling, financing or otherwise  disposing  of  the  agricultural and food products of its members or of any by-products  thereof, including livestock waste or other organic agricultural  wastes  and the capture of methane and other gases for the generation and use or  sale  of  energy,  as  defined  in  section  1-103 of the energy law, or  connected with the acquisition for its members of  labor,  supplies  and  articles  of common use, including livestock, equipment, machinery, food  products, family or other household and personal supplies, to be used or  consumed by the members, their families or guests, or  for  carrying  on  any  other household operation or educational work in home economics and  cooperation by or for its members, or for  buying,  selling  or  leasing  homes  or  farms  for  its members, or building or conducting housing or  eating  places  cooperatively,  or  for   furnishing   medical   expense  indemnity, dental expense indemnity, or hospital services to persons who  become  subscribers under contracts with such corporations in the manner  provided in article forty-three of the insurance law, or for the purpose  of organizing agency or credit corporations as provided in article seven  of this chapter, but a corporation so organized as a credit  corporation  shall not have power to engage in any other activities. A certificate of  incorporation,  which  includes  the  purpose of carrying on educational  work, shall have attached thereto the consent  of  the  commissioner  of  education.  A  worker  cooperative may be formed for any lawful business  purpose and may be conducted for profit.