reglab/housing_qa huggingface dataset:
NY Bus Corp L § 305 (2021)
2021 New York Laws BSC - Business Corporation Article 3 - Corporate Name and Service of Process 305 - Registered Agent for Service of Process.

§ 305. Registered agent for service of process.  (a)  In  addition to such designation of the secretary of state, every domestic corporation or authorized foreign corporation may  designate  a registered   agent   in  this  state  upon  whom  process  against  such corporation may be served. The agent shall be a natural person who is  a resident  of  or  has  a  business  address  in this state or a domestic corporation or foreign corporation  of  any  type  or  kind  formed,  or authorized to do business in this state, under this chapter or under any other statute of this state.  (b) Any such designation of a registered agent may be made, revoked or changed as provided in this chapter.  (c)  A  registered  agent  may  resign  as  such agent. A certificate, entitled "Certificate of resignation of registered agent  of  .......... (name  of  designating  corporation)  under  section 305 of the Business Corporation Law", shall be signed by him and delivered to the department of state. It shall set forth:  (1)  That  he  resigns  as  registered  agent  for   the   designating corporation.  (2)  The  date the certificate of incorporation or the application for authority of the designating corporation was filed by the department  of state.  (3)  That  he  has  sent  a  copy of the certificate of resignation by registered mail to  the  designating  corporation  at  the  post  office address  on file in the department of state specified for the mailing of process or if such address is the address of the registered agent,  then to  the office of the designating corporation in the jurisdiction of its formation or incorporation.  (d) The designation of a registered agent shall terminate thirty  days after  the  filing  by  the  department  of  state  of  a certificate of resignation or a certificate containing a revocation or  change  of  the designation, whichever is filed earlier. A certificate designating a new registered  agent  may  be  delivered  to the department of state by the corporation within the thirty days or thereafter.
NY Bus Corp L § 308 (2021)
2021 New York Laws BSC - Business Corporation Article 3 - Corporate Name and Service of Process 308 - Records and Certificates of Department of State.

§ 308. Records and certificates of department of state.The  department  of  state  shall keep a record of each process served   upon the secretary of state under this chapter, including  the  date  of   service.  It  shall, upon request made within ten years of such service,   issue a certificate under its seal certifying as to the receipt  of  the   process  by an authorized person, the date and place of such service and   the receipt of the statutory fee. Process served upon the  secretary  of   state under this chapter shall be destroyed by him after a period of ten   years from such service.
NY Bus Corp L § 401 (2021)
2021 New York Laws BSC - Business Corporation Article 4 - Formation of Corporations 401 - Incorporators.

§ 401. Incorporators.One  or  more natural persons of the age of eighteen years or over may   act as incorporators of a corporation to be formed under this chapter.
NY Bus Corp L § 403 (2021)
2021 New York Laws BSC - Business Corporation Article 4 - Formation of Corporations 403 - Certificate of Incorporation; Effect.

§ 403. Certificate of incorporation; effect.Upon  the filing of the certificate of incorporation by the department   of state, the corporate existence  shall  begin,  and  such  certificate   shall  be  conclusive  evidence  that all conditions precedent have been   fulfilled and that the corporation has been formed under  this  chapter,   except   in   an   action   or   special   proceeding   brought  by  the   attorney-general.    Notwithstanding  the  above,   a   certificate   of   incorporation  may  set forth a date subsequent to filing, not to exceed   ninety days after filing, upon  which  date  corporate  existence  shall   begin.
NY Bus Corp L § 404 (2021)
2021 New York Laws BSC - Business Corporation Article 4 - Formation of Corporations 404 - Organization Meeting.

§ 404. Organization meeting.  (a)  After  the corporate existence has begun, an organization meeting of the incorporator or incorporators shall be  held  within  or  without this  state,  for the purpose of adopting by-laws, electing directors to hold office until the first annual meeting of  shareholders,  except  as authorized  under  section  704  (Classification  of directors), and the transaction of such other business as may come before  the  meeting.  If there are two or more incorporators, the meeting may be held at the call of  any  incorporator, who shall give at least five days' notice thereof by mail to each other incorporator, which notice  shall  set  forth  the time  and  place  of  the  meeting.  Notice  need  not  be  given to any incorporator who attends the meeting  or  submits  a  signed  waiver  of notice  before  or  after  the  meeting.  If  there  are  more  than two incorporators, a majority shall constitute a quorum and the act  of  the majority  of the incorporators present at a meeting at which a quorum is present shall be the act of the incorporators. An incorporator  may  act in   person   or   by   proxy   signed   by   the  incorporator  or  his attorney-in-fact.  (b) Any action permitted to be taken at the organization  meeting  may be  taken without a meeting if each incorporator or his attorney-in-fact signs an instrument setting forth the action so taken.  (c) If an incorporator dies or is for any reason unable to act, action may be taken as provided in such event in paragraph (c) of  section  615 (Written consent of shareholders, subscribers or incorporators without a meeting).
NY Bus Corp L § 405-A (2021)
2021 New York Laws BSC - Business Corporation Article 4 - Formation of Corporations 405-A - Institution for Children; Approval of Certificate.

§ 405-a. Institution for children; approval of certificate.Every  certificate of incorporation which includes among its corporate   purposes, the authority to care for children through  the  establishment   or  operation  of  an  institution for destitute, delinquent, abandoned,   neglected or dependent children shall have endorsed thereon  or  annexed   thereto  the  approval  of  the  office of children and family services.   Provided, however, nothing herein shall authorize  such  corporation  to   place  out  or  board  out  children,  as those terms are defined in the   social services law, or to care for children in a facility other than an   institution possessing an operating certificate issued by the office  of   children  and  family services. No certificate of incorporation shall be   approved pursuant to this section on or after June first,  two  thousand   seven.
NY Bus Corp L § 406 (2021)
2021 New York Laws BSC - Business Corporation Article 4 - Formation of Corporations 406 - Filing of a Certificate of Incorporation; Facility for Alcoholism or Alcohol Abuse, Substance Abuse, Substance Dependence, or Chemical Abuse or Depend

§ 406. Filing of a certificate of incorporation; facility for alcoholismor  alcohol  abuse,  substance  abuse, substance dependence, orchemical abuse or dependence.Every certificate of incorporation which includes among its  corporate   purposes  the  establishment  or  operation of a program of services for   alcoholism or alcohol abuse, substance abuse, substance  dependence,  or   chemical  abuse  or  dependence  shall  have endorsed thereon or annexed   thereto the  approval  of  the  commissioner  of  the  state  office  of   alcoholism and substance abuse services.
NY Bus Corp L § 409 (2021)
2021 New York Laws BSC - Business Corporation Article 4 - Formation of Corporations 409 - Penalty for Failure to File; Cure.

§ 409. Penalty for failure to file; cure.1. Each  corporation which has failed to file its statement within the   time required by this chapter after thirty days shall  be  shown  to  be   past due on the records of the department of state.2. Each  corporation  which  has  failed to file its statement for two   years shall be shown to be delinquent on the records of  the  department   of state sixty days after a notice of delinquency has been mailed to the   last  known  address  of  such  corporation.  Such  delinquency shall be   removed from the records of the department of state upon the  filing  of   the  current  statement  required  by section four hundred eight of this   article, and the payment of a fine of two hundred fifty dollars.3. The notice of delinquency shall state the cure and  fine  for  such   delinquency  as  determined  by  subdivision two of this section and the   period during which such delinquency  shall  be  foreborne  without  the   imposition of such fine.4.  This section shall not apply to corporations that have submitted a   statement pursuant to paragraph eight of section four hundred  eight  of   this chapter.
NY Bus Corp L § 506 (2021)
2021 New York Laws BSC - Business Corporation Article 5 - Corporate Finance 506 - Determination of Stated Capital.

§ 506. Determination of stated capital.  (a) Upon  issue  by  a  corporation  of  shares  with a par value, the consideration received therefor shall constitute stated capital  to  the extent of the par value of such shares.  (b) Upon  issue  by  a  corporation  of  shares without par value, the entire consideration received therefor shall constitute  stated  capital unless  the board within a period of sixty days after issue allocates to surplus a portion, but not all, of the consideration received  for  such shares.  No  such  allocation  shall  be  made  of  any  portion  of the consideration received for shares without par value having a  preference in the assets of the corporation upon involuntary liquidation except all or  part  of the amount, if any, of such consideration in excess of such preference, nor shall such allocation be made  of  any  portion  of  the consideration  for  the issue of shares without par value which is fixed by the shareholders pursuant to a right reserved in the  certificate  of incorporation,  unless  such  allocation  is  authorized  by vote of the shareholders.  (c) The stated capital of a corporation may be increased from time  to time  by resolution of the board transferring all or part of the surplus of the corporation to stated capital. The  board  may  direct  that  the amount  so  transferred  shall  be  stated  capital  in  respect  of any designated class or series of shares.
NY Bus Corp L § 507 (2021)
2021 New York Laws BSC - Business Corporation Article 5 - Corporate Finance 507 - Compensation for Formation, Reorganization and Financing.

§ 507. Compensation for formation, reorganization and financing.The  reasonable charges and expenses of formation or reorganization of   a corporation, and the reasonable expenses of and compensation  for  the   sale  or  underwriting  of  its  shares  may  be  paid or allowed by the   corporation out of the consideration received by it in payment  for  its   shares without thereby impairing the fully paid and nonassessable status   of such shares.
NY Bus Corp L § 509 (2021)
2021 New York Laws BSC - Business Corporation Article 5 - Corporate Finance 509 - Fractions of a Share or Scrip Authorized.

§ 509. Fractions of a share or scrip authorized.  (a) A corporation may, but shall not be obliged to, issue fractions of a  share  either  represented  by a certificate or uncertificated, which shall entitle the holder, in proportion to his fractional  holdings,  to exercise voting rights, receive dividends and participate in liquidating distributions.  (b) As an alternative, a corporation may pay in cash the fair value of fractions  of a share as of the time when those entitled to receive such fractions are determined.  (c) As an alternative, a corporation may issue scrip in registered  or bearer  form over the manual or facsimile signature of an officer of the corporation or of its agent, exchangeable as therein provided  for  full shares,  but  such scrip shall not entitle the holder to any rights of a shareholder except as therein provided. Such scrip may be issued subject to the condition  that  it  shall  become  void  if  not  exchanged  for certificates  representing  full  shares  or  uncertificated full shares before a specified date, or subject to the condition that the shares for which such scrip is exchangeable may be sold by the corporation and  the proceeds thereof distributed to the holders of such scrip, or subject to any other conditions which the board may determine.  (d)  A  corporation  may  provide  reasonable  opportunity for persons entitled to fractions of a share or scrip to sell such  fractions  of  a share  or  scrip  or to purchase such additional fractions of a share or scrip as may be needed to acquire a full share.
NY Bus Corp L § 510 (2021)
2021 New York Laws BSC - Business Corporation Article 5 - Corporate Finance 510 - Dividends or Other Distributions in Cash or Property.

§ 510. Dividends or other distributions in cash or property.  (a)  A  corporation  may  declare  and  pay  dividends  or  make other distributions in cash or its bonds or its property, including the shares or bonds of other corporations, on its outstanding shares,  except  when currently  the  corporation  is  insolvent  or  would  thereby  be  made insolvent, or when the declaration, payment  or  distribution  would  be contrary   to   any   restrictions   contained  in  the  certificate  of incorporation.  (b) Dividends may be declared or paid and other distributions  may  be made  either  (1)  out  of  surplus,  so  that  the  net  assets  of the corporation remaining after such declaration,  payment  or  distribution shall  at  least  equal the amount of its stated capital, or (2) in case there shall be no such surplus, out of its net profits  for  the  fiscal year in which the dividend is declared and/or the preceding fiscal year. If  the  capital  of  the  corporation  shall  have  been  diminished by depreciation in the value of its property or by losses or  otherwise  to an  amount  less  than  the  aggregate  amount  of  the  stated  capital represented by the issued and outstanding shares of all classes having a preference upon the  distribution  of  assets,  the  directors  of  such corporation  shall  not  declare  and  pay  out  of such net profits any dividends upon any shares until the deficiency in the amount  of  stated capital  represented by the issued and outstanding shares of all classes having a preference upon the distribution  of  assets  shall  have  been repaired. A corporation engaged in the exploitation of natural resources or  other wasting assets, including patents, or formed primarily for the liquidation of specific assets, may declare and pay  dividends  or  make other  distributions in excess of its surplus, computed after taking due account of depletion and amortization, to the extent that  the  cost  of the wasting or specific assets has been recovered by depletion reserves, amortization  or  sale, if the net assets remaining after such dividends or distributions are sufficient to cover the liquidation preferences  of shares having such preferences in involuntary liquidation.
NY Bus Corp L § 512 (2021)
2021 New York Laws BSC - Business Corporation Article 5 - Corporate Finance 512 - Redeemable Shares.

§ 512. Redeemable shares.  (a)  Subject  to  the restrictions contained in section 513 (Purchase, redemption and certain other transactions by a corporation with  respect to  its own shares) and paragraph (b) of this section, a corporation may provide in its certificate of incorporation for one or more  classes  or series  of  shares  which  are  redeemable,  in whole or in part, at the option of the corporation, the holder or  another  person  or  upon  the happening of a specified event.  (b)  No  redeemable  common  shares,  other than shares of an open-end investment  company,  as  defined  in  an  act  of   congress   entitled "Investment Company Act of 1940", as amended, or of a member corporation of  a  national  securities  exchange  registered under a statute of the United States such as the Securities Exchange Act of 1934,  as  amended, or  of  a  corporation  described  in this paragraph, shall be issued or redeemed unless the corporation at the time has outstanding a  class  of common  shares that is not subject to redemption. Any common shares of a corporation which directly or through a  subsidiary  has  a  license  or franchise  to  conduct  its  business,  which  license  or  franchise is conditioned upon some or all of the holders of such corporation's common shares possessing prescribed qualifications,  may  be  made  subject  to redemption  by  the  corporation  to the extent necessary to prevent the loss of, or to reinstate, such license or franchise.  (c) Shares of any class or series which may be made  redeemable  under this  section  may be redeemed for cash, other property, indebtedness or other securities of the same or another corporation,  at  such  time  or times,  price or prices, or rate or rates, and with such adjustments, as shall be stated in the certificate of incorporation.  (d) Nothing in this section shall prevent a corporation from  creating sinking funds for the redemption or purchase of its shares to the extent permitted  by  section  513  (Purchase,  redemption  and  certain  other transactions by a corporation with respect to its own shares).
NY Bus Corp L § 513 (2021)
2021 New York Laws BSC - Business Corporation Article 5 - Corporate Finance 513 - Purchase, Redemption and Certain Other Transactions by a Corporation With Respect to Its Own Shares.

§ 513. Purchase,   redemption   and  certain  other  transactions  by  a          corporation with respect to its own shares.  (a) Notwithstanding any authority  contained  in  the  certificate  of incorporation,  the  shares of a corporation may not be purchased by the corporation, or, if redeemable, convertible or exchangeable shares,  may not  be redeemed, converted or exchanged, in each case for or into cash, other property, indebtedness or  other  securities  of  the  corporation (other than shares of the corporation and rights to acquire such shares) if the corporation is then insolvent or would thereby be made insolvent. Shares may be purchased or redeemed only out of surplus.  (b)  When  its  redeemable,  convertible  or  exchangeable  shares are purchased by the corporation within the period during which such  shares may   be   redeemed,  converted  or  exchanged  at  the  option  of  the corporation, the purchase price thereof shall not exceed the  applicable redemption,  conversion  or  exchange price stated in the certificate of incorporation. Upon a redemption, conversion  or  exchange,  the  amount payable  by the corporation for shares having a cumulative preference on dividends may include the  stated  redemption,  conversion  or  exchange price  plus  accrued  dividends  to the next dividend date following the date of redemption, conversion or exchange of such shares.  (c) No domestic corporation which is  subject  to  the  provisions  of section  nine  hundred twelve of this chapter shall purchase or agree to purchase more than ten percent of the stock of the  corporation  from  a shareholder  for more than the market value thereof unless such purchase or agreement to purchase is approved by  the  affirmative  vote  of  the board of directors and a majority of the votes of all outstanding shares entitled  to  vote  thereon  at  a  meeting  of  shareholders unless the certificate of incorporation requires a greater percentage of the  votes of the outstanding shares to approve.   The  provisions of this paragraph shall not apply when the corporation offers to purchase shares from all holders of stock or for  stock  which the holder has been the beneficial owner of for more than two years.   The  terms "stock", "beneficial owner", and "market value" shall be as defined in section nine hundred twelve of this chapter.
NY Bus Corp L § 514 (2021)
2021 New York Laws BSC - Business Corporation Article 5 - Corporate Finance 514 - Agreements for Purchase by a Corporation of Its Own Shares.

§ 514. Agreements for purchase by a corporation of its own shares.  (a) An  agreement  for the purchase by a corporation of its own shares shall be enforceable by the  shareholder  and  the  corporation  to  the extent such purchase is permitted at the time of purchase by section 513 (Purchase or redemption by a corporation of its own shares).  (b) The possibility that a corporation may not be able to purchase its shares  under  section  513  shall not be a ground for denying to either party specific performance  of  an  agreement  for  the  purchase  by  a corporation  of  its  own  shares,  if  at  the time for performance the corporation can purchase all or part of such shares under section 513.
NY Bus Corp L § 515 (2021)
2021 New York Laws BSC - Business Corporation Article 5 - Corporate Finance 515 - Reacquired Shares.

§ 515. Reacquired shares.  (a)  Shares that have been issued and have been purchased, redeemed or otherwise reacquired by a corporation shall be  cancelled  if  they  are reacquired out of stated capital, or if they are converted shares, or if the  certificate of incorporation requires that such shares be cancelled upon reacquisition.  (b) Any shares reacquired by the corporation and not  required  to  be cancelled  may be either retained as treasury shares or cancelled by the board at the time of reacquisition or at any time thereafter.  (c) Neither the retention of reacquired shares as treasury shares, nor their subsequent distribution  to  shareholders  or  disposition  for  a consideration  shall change the stated capital. When treasury shares are disposed of for a consideration, the surplus shall be increased  by  the full amount of the consideration received.  (d)  Shares cancelled under this section are restored to the status of authorized  but  unissued  shares.  However,  if  the   certificate   of incorporation  prohibits the reissue of any shares required or permitted to be  cancelled  under  this  section,  the  board  by  certificate  of amendment  under  section 805 (Certificate of amendment; contents) shall reduce the number of authorized shares accordingly.