State Codes and Statutes

Statutes > New-york > Pbs > Article-1 > 5-b

§ 5-b. Corporations   subject  to  chapter  although  not  transacting  business.   Corporations formed  to  acquire  property  or  to  transact  business  which  would be subject to the provisions of this chapter, and  corporations possessing franchises for any of the purposes  contemplated  by this chapter, shall be deemed to be subject to the provisions of this  chapter although no property may have been acquired, business transacted  or franchises exercised.

State Codes and Statutes

Statutes > New-york > Pbs > Article-1 > 5-b

§ 5-b. Corporations   subject  to  chapter  although  not  transacting  business.   Corporations formed  to  acquire  property  or  to  transact  business  which  would be subject to the provisions of this chapter, and  corporations possessing franchises for any of the purposes  contemplated  by this chapter, shall be deemed to be subject to the provisions of this  chapter although no property may have been acquired, business transacted  or franchises exercised.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pbs > Article-1 > 5-b

§ 5-b. Corporations   subject  to  chapter  although  not  transacting  business.   Corporations formed  to  acquire  property  or  to  transact  business  which  would be subject to the provisions of this chapter, and  corporations possessing franchises for any of the purposes  contemplated  by this chapter, shall be deemed to be subject to the provisions of this  chapter although no property may have been acquired, business transacted  or franchises exercised.