Article 5-A - (80 - 94) WORKER COOPERATIVE CORPORATIONS
- 80 - Legislative findings.
- 81 - Definitions.
- 82 - Corporations organized under the business corporation law; election to be governed as worker cooperative.
- 83 - Status as profit-making corporation.
- 84 - Applicability of the business corporation law.
- 85 - Applicability of the cooperative corporations law.
- 86 - Revocation of election.
- 87 - Corporate name.
- 88 - Members; membership shares; fees; rights and responsibilities.
- 89 - Voting shares; by-laws; amendment of certificate of incorporation.
- 90 - Net retained proceeds or losses; distribution and payment.
- 91 - Directors; officers.
- 92 - Internal capital accounts; recall or redemption of shares; interest; collective reserve account.
- 93 - Internal capital account cooperatives.
- 94 - Conversion of membership shares and internal capital accounts upon revocation of election; consolidation or merger.