reglab/housing_qa huggingface dataset:
NY Rural Elec Coop L § 28 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 2 - Purpose; Organization and Management; Powers 28 - Other Provisions Affecting Indemnification of Directors and Officers.

§ 28. Other  provisions  affecting  indemnification  of  directors and officers. (a) All expenses incurred in defending  a  civil  or  criminal action  or  proceeding  which  are  advanced  by  the  corporation under subdivision (c) of section twenty-six of this article or  allowed  by  a court  under  subdivision  (c)  of  section twenty-seven of this article shall be repaid  in  case  the  person  receiving  such  advancement  or allowance  is  ultimately  found,  under the procedure set forth in this article, not to be entitled to indemnification or, where indemnification is granted, to the extent the expenses so advanced by the cooperative or allowed by the court exceed the indemnification to which he is entitled.  (b) No indemnification, advancement or allowance shall be  made  under this article in any circumstance where it appears:  (1) that the indemnification would be inconsistent with a provision of the certificate of incorporation, a by-law, a resolution of the board or of the members, an agreement or other proper corporate action, in effect at  the  time  of the accrual of the alleged cause of action asserted in the threatened or pending action or proceeding  in  which  the  expenses were  incurred  or other amounts were paid, which prohibits or otherwise limits indemnification; or  (2) if there has been a settlement approved by  the  court,  that  the indemnification would be inconsistent with any condition with respect to indemnification  expressly  imposed  by  the court in approving the set- tlement.  (c)  If  any  express  or  other  amounts   are   paid   by   way   of indemnification, otherwise than by court order or action by the members, the  cooperative  shall prepare a statement specifying the persons paid, the amounts paid, and the nature and status at the time of such  payment of  the litigation or threatened litigation, and not later than the next annual meeting of members, unless such  meeting  is  held  within  three months  from the date of such payment, and, in any event, within fifteen months of the date of such payment, shall  mail  the  statement  to  its members  of  record  entitled  at  the  time to vote for the election of directors.  (d) If any action with respect to  indemnification  of  directors  and officers  is  taken  by  way  of amendment of the by-laws, resolution of directors, or by agreement, then the cooperative shall, not  later  than the  next  annual meeting of members, unless such meeting is held within three months from the date of such action, and,  in  any  event,  within fifteen  months  from  the  date  of such action, mail to its members of record at the time entitled to vote for  the  election  of  directors  a statement specifying the action taken.
NY Rural Elec Coop L § 29 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 2 - Purpose; Organization and Management; Powers 29 - Insurance for Indemnification of Directors and Officers.

§ 29. Insurance  for  indemnification  of  directors and officers. (a) Subject to subdivision (b) of this section,  a  cooperative  shall  have power to purchase and maintain insurance:  (1) to indemnify the cooperative for any obligation which it incurs as a  result  of  the  indemnification  of directors and officers under the provisions of this article, and  (2) to indemnify directors and officers in instances in which they may be indemnified by the cooperative under the provisions of this  article, and  (3) to indemnify directors and officers in instances in which they may not  otherwise be indemnified by the cooperative under the provisions of this article provided the contract of insurance covering such  directors and  officers  provides, in a manner acceptable to the superintendent of financial services, for a retention amount and for co-insurance.  (b) No insurance under subdivision (a) of this section may provide for any payment, other than cost of defense, to or on behalf of any director or officer:  (1) if a judgment or other final adjudication adverse to  the  insured director  or  officer  establishes  that  his  or her acts of active and deliberate  dishonesty  were  material  to  the  cause  of   action   so adjudicated,  or  that  he  or she personally gained in fact a financial profit or other advantage to which he or she was not  legally  entitled, or  (2) in relation to any risk the insurance of which is prohibited under the insurance law of this state.  (c)  Insurance  under paragraphs one, two and three of subdivision (a) of this section may be included  in  a  single  contract  or  supplement thereto.  Retrospective rated contracts are prohibited.  (d) The corporation shall, within the time and to the persons provided in  subdivision  (c)  of  section  twenty-eight  of this article, mail a statement in respect to any insurance it has purchased or renewed  under this  section,  specifying  the insurance carrier, date of the contract, cost of the insurance, corporate  positions  insured,  and  a  statement explaining  all sums, not previously reported in a statement to members, paid under any indemnification insurance contract.  (e) This section is the public policy of this state to spread the risk of cooperative management, notwithstanding any other general or  special law  of  this  state or of any other jurisdiction, including the federal government.
NY Rural Elec Coop L § 30 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 3 - Amendment; Consolidation; Merger; and Dissolution 30 - Amendment of Articles of Incorporation.

§ 30. Amendment  of articles of incorporation. A cooperative may amend   its  articles  of  incorporation  by  complying   with   the   following   requirements:  The proposed amendment shall be presented to a meeting of   the members, the notice of  which  shall  set  forth  or  have  attached   thereto  the  proposed  amendment.  If  the proposed amendment, with any   changes, is approved by the affirmative vote of not less than two-thirds   of those members voting thereon at such meeting, articles  of  amendment   shall  be  executed and acknowledged on behalf of the cooperative by its   president or vice-president and its seal shall be  affixed  thereto  and   attested  by  its secretary. The articles of amendment shall recite that   they are executed pursuant to this chapter and shall state: (1) the name   of the cooperative; (2) the address of its principal office; and (3) the   amendment  to  its  articles  of   incorporation.   The   president   or   vice-president executing such articles of amendment shall make and annex   thereto  an  affidavit  stating  that  the provisions of this section in   respect of the amendment set forth in such articles were  duly  complied   with.
NY Rural Elec Coop L § 31 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 3 - Amendment; Consolidation; Merger; and Dissolution 31 - Change of Location of Principal Office.

§ 31. Change  of location of principal office. A cooperative may, upon   authorization of its board of  directors  or  its  members,  change  the   location  of  its principal office by filing a certificate reciting such   change of principal office, executed and acknowledged by  its  president   or  vice-president  under  its  seal  attested  by its secretary, in the   department of state.
NY Rural Elec Coop L § 32 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 3 - Amendment; Consolidation; Merger; and Dissolution 32 - Consolidation.

§ 32. Consolidation.  Any  two  or more cooperatives (each of which is hereinafter designated a "consolidating cooperative"),  may  consolidate into  a  new cooperative (hereinafter designated the "new cooperative"), by complying with the following requirements:  (a)  The  proposition  for  the  consolidation  of  the  consolidating cooperatives   into   the  new  cooperative  and  proposed  articles  of consolidation to give effect thereto shall be submitted to a meeting  of the members of each consolidating cooperative, the notice of which shall have attached thereto a copy of the proposed articles of consolidation;  (b)  If  the  proposed  consolidation  and  the  proposed  articles of consolidation, with any amendments, are approved by the affirmative vote of not less than two-thirds  of  those  members  of  each  consolidating cooperative   voting   thereon   at   each  such  meeting,  articles  of consolidation in the form approved shall be executed and acknowledged on behalf  of  each  consolidating  cooperative   by   its   president   or vice-president and its seal shall be affixed thereto and attested by its secretary.  The  articles  of  consolidation  shall recite that they are executed pursuant to this chapter and shall state: (1) the name of  each consolidating  cooperative  and the address of its principal office; (2) the name of the new cooperative and the address of its principal office; (3) a statement  that  each  consolidating  cooperative  agrees  to  the consolidation;  (4)  the names and addresses of the directors of the new cooperative; and (5) the terms and conditions of the  consolidation  and the mode of carrying the same into effect, including the manner in which members of the consolidating cooperatives may or shall become members of the  new  cooperative;  and  may contain any provisions not inconsistent with this chapter deemed necessary or advisable for the conduct  of  the business of the new cooperative. The president or vice-president of each consolidating cooperative executing such articles of consolidation shall make  and annex thereto an affidavit stating that the provisions of this section in respect of such articles were  duly  complied  with  by  such cooperative.
NY Rural Elec Coop L § 33 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 3 - Amendment; Consolidation; Merger; and Dissolution 33 - Merger.

§ 33. Merger.   Any  one  or  more  cooperatives  (each  of  which  is hereinafter designated a "merging cooperative") may merge  into  another cooperative  (hereinafter  designated  the  "surviving cooperative"), by complying with the following requirements:  (a) The proposition for the merger of the  merging  cooperatives  into the surviving cooperative and proposed articles of merger to give effect thereto  shall  be submitted to a meeting of the members of each merging cooperative and of the surviving cooperative, the notice of which  shall have attached thereto a copy of the proposed articles of merger;  (b)  If  the proposed merger and the proposed articles of merger, with any amendments, are approved by the affirmative vote of  not  less  than two-thirds  of  those members of each cooperative voting thereon at each such meeting, articles of merger in the form approved shall be  executed and  acknowledged on behalf of each such cooperative by its president or vice-president and its seal shall be affixed thereto and attested by its secretary. The articles of merger shall recite that  they  are  executed pursuant  to  this chapter and shall state: (1) the name of each merging cooperative and the address of its principal office; (2) the name of the surviving cooperative and the address of its  principal  office;  (3)  a statement  that  each  merging cooperative and the surviving cooperative agree to the merger; (4) the names and addresses of the directors of the surviving cooperative; and (5) the terms and conditions  of  the  merger and  the  mode of carrying the same into effect, including the manner in which members of the merging cooperatives may or shall become members of the  surviving  cooperative;  and  may  contain   any   provisions   not inconsistent  with  this  chapter  deemed necessary or advisable for the conduct of the business of the surviving cooperative.  The president  or vice-president  of  each  cooperative  executing such articles of merger shall make and annex thereto an affidavit stating that the provisions of this section in respect of such articles were duly complied with by such cooperative.
NY Rural Elec Coop L § 34 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 3 - Amendment; Consolidation; Merger; and Dissolution 34 - Effect of Consolidation or Merger.

§ 34. Effect  of  consolidation  or  merger.  (a)  In  the  case  of a consolidation the existence  of  the  consolidating  cooperatives  shall cease  and  the articles of consolidation shall be deemed to be articles of incorporation of the new cooperative; and in the case of a merger the separate existence of the  merging  cooperatives  shall  cease  and  the articles  of  incorporation of the surviving cooperative shall be deemed to be amended to the extent, if any, that changes therein  are  provided for in the articles of merger;  (b)  All  the  rights,  privileges,  immunities and franchises and all property, real and personal, including without  limitation  applications for  membership,  all debts due on whatever account and all other choses in action, of each of the consolidating or merging cooperatives shall be deemed to  be  transferred  to  and  vested  in  the  new  or  surviving cooperative without further act or deed;  (c)  The  new or surviving cooperative shall be responsible and liable for all the liabilities and obligations of each of the consolidating  or merging  cooperatives  and  any  claim  existing or action or proceeding pending by or against any of the consolidating or  merging  cooperatives may be prosecuted as if the consolidation or merger had not taken place, but  the  new  or surviving cooperative may be substituted in its place; and  (d) Neither the rights of creditors nor any liens upon the property of any of such cooperatives shall be  impaired  by  such  consolidation  or merger.
NY Rural Elec Coop L § 40 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 4 - Conversion of Domestic Corporations; Authorization to Foreign Corporations 40 - Conversion of Existing Domestic Corporations.

§ 40. Conversion  of  existing  domestic corporations. Any corporation organized under the laws of this state and supplying  or  authorized  to supply  electric energy may be converted into a cooperative by complying with the following requirements and shall thereupon  become  subject  to this  chapter with the same effect as if originally organized under this chapter:  (a) The proposition for the conversion  of  such  corporation  into  a cooperative  and  proposed articles of conversion to give effect thereto shall be submitted to a meeting of the members or stockholders  of  such corporation,  the  notice of which shall have attached thereto a copy of the proposed articles of conversion;  (b) If the proposition for the conversion of such corporation  into  a cooperative   and   the   proposed  articles  of  conversion,  with  any amendments, are approved by  the  affirmative  vote  of  not  less  than two-thirds  of  those members of such corporation voting thereon at such meeting, or,  if  such  corporation  is  a  stock  corporation,  by  the affirmative  vote  of  the  holders of not less than two-thirds of those shares of the capital stock of  such  corporation  represented  at  such meeting  and voting thereon, articles of conversion in the form approved shall be executed and acknowledged on behalf of such corporation by  its president  or  vice-president  and its seal shall be affixed thereto and attested by its secretary. The articles of conversion shall recite  that they  are  executed  pursuant  to this chapter and shall state:  (1) the name of the corporation and the address of its principal office prior to its conversion into a cooperative; (2) the  statute  or  statutes  under which  it was organized; (3) a statement that such corporation elects to become a cooperative, non-profit, membership corporation subject to this chapter; (4) its name as a cooperative; (5) the address of the principal office of the cooperative; (6) the names and addresses of the  directors of  the cooperative; and (7) the manner in which members or stockholders of such corporation may or shall become members of the cooperative;  and may  contain  any  provisions  not inconsistent with this chapter deemed necessary  or  advisable  for  the  conduct  of  the  business  of   the cooperative.  The president or vice-president executing such articles of conversion shall make and annex thereto an affidavit  stating  that  the provisions  of  this  section were duly complied with in respect of such articles.  The articles of conversion shall be deemed to be the articles of incorporation of the cooperative.
NY Rural Elec Coop L § 41 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 4 - Conversion of Domestic Corporations; Authorization to Foreign Corporations 41 - Foreign Corporations.

§ 41. Foreign  corporations.  Any  foreign  non-profit  or cooperative   corporation supplying or authorized to supply electric energy and owning   or operating electric transmission or distribution lines in an  adjacent   state  may  construct  or acquire extensions of such lines in this state   within an area no point of  which  is  more  than  ten  miles  from  the   boundary  line  of this state and operate such extensions, provided that   any such  corporation  shall,  before  constructing  or  operating  such   extensions,  by an instrument executed and acknowledged on its behalf by   its  president  or  vice-president,  under  its  seal  attested  by  its   secretary, and filed in the department of state, designate the secretary   of  state  its  agent  to  accept  service  of  process  on  its behalf.   Thereafter,  such  corporation  shall  have  all  the  rights,   powers,   privileges  and immunities of a cooperative, and shall be subject to the   provisions of this chapter.  In the event any process  shall  be  served   upon  the  secretary  of  state,  he shall forthwith forward the same by   registered mail to such corporation at the address thereof specified  in   the aforesaid instrument.
NY Rural Elec Coop L § 50 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 5 - Filing and Fees 50 - Filing of Articles.

§ 50. Filing   of  articles.  Articles  of  incorporation,  amendment,   consolidation, merger, conversion, or  dissolution,  when  executed  and   acknowledged  and  accompanied  by such affidavits as may be required by   applicable provisions of this chapter, shall be filed in the  department   of state.  The secretary of state shall, upon the payment of the fees as   in  this  chapter provided, index such articles. Upon the filing of such   articles,   the   incorporation,   amendment,   consolidation,   merger,   conversion, or dissolution provided for therein shall be in effect.  The   provisions  of this section shall also apply to certificates of election   to dissolve and affidavits executed in connection therewith pursuant  to   subsection (b) of section thirty-five of this chapter.
NY Rural Elec Coop L § 51 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 5 - Filing and Fees 51 - Fees.

§ 51. Fees. The department of state shall charge and collect for:  (a) Filing articles of incorporation, forty dollars;  (b) Filing articles of amendment, twenty-five dollars;  (c) Filing articles of consolidation or merger, twenty-five dollars;  (d) Filing articles of conversion, twenty-five dollars;  (e) Filing certificate of election to dissolve, five dollars;  (f) Filing articles of dissolution, five dollars;  (g) Filing certificate of change of principal office, fifteen dollars; and  (h)  Filing  by  foreign  corporation of instrument of designation for service of process, two dollars.
NY Rural Elec Coop L § 61 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 6 - General Provisions Governing Property and Affairs 61 - Disposition of Property.

§ 61. Disposition  of  property.  (a)  The  board  of  directors  of a cooperative shall have full power and authority,  without  authorization by  the  members  thereof,  to authorize the execution and delivery of a mortgage or mortgages or a deed or deeds of trust of, or the pledging or encumbering of, any or all of the property, assets, rights,  privileges, licenses, franchises and permits of the cooperative, whether acquired or to  be  acquired,  and  wherever  situated,  as well as the revenues and income therefrom, all upon such terms and conditions  as  the  board  of directors  shall  determine.   Any such mortgage or mortgages or deed or deeds of trust or other instruments shall be exempt  from  the  mortgage recording taxes imposed by article eleven of the tax law.  (b) A cooperative may not otherwise sell, mortgage, lease or otherwise dispose  of  or  encumber  all  or a substantial portion of its property unless such sale, mortgage, lease or other disposition or encumbrance is authorized by the affirmative vote of not less than  two-thirds  of  the total members of the cooperative.
NY Rural Elec Coop L § 62 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 6 - General Provisions Governing Property and Affairs 62 - Non-Liability of Members for Debts of Cooperative.

§  62.  Non-liability  of  members for debts of cooperative. No member   shall be liable or responsible for any debts of the cooperative and  the   property of the members shall not be subject to execution therefor.
NY Rural Elec Coop L § 63 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 6 - General Provisions Governing Property and Affairs 63 - Recordation of Mortgages; Effect Thereof.

§  63. Recordation  of  mortgages; effect thereof. In case of conflict   between this section and article nine of the  uniform  commercial  code,   the  provisions  of  this  section  shall control. Any mortgage, deed of   trust  or  other  instrument  executed  by  a  cooperative  or   foreign   corporation doing business in this state pursuant to this chapter, which   affects  real  and  personal  property and which is recorded in the real   property records in any county in which such property is located  or  is   to  be  located, shall have the same force and effect as if the security   interest created by such  mortgage  in  the  personal  property  thereby   affected, had been perfected by filing in accordance with section 9--501   of  the  uniform  commercial  code.  All after-acquired property of such   cooperative or foreign corporation described or  referred  to  as  being   mortgaged  or  pledged  in  any  such  mortgage,  deed of trust or other   instrument, shall become subject to the lien  thereof  immediately  upon   the  acquisition  of  such  property  by  such  cooperative  or  foreign   corporation, whether or not such property was in existence at  the  time   of  the  execution  of such mortgage, deed of trust or other instrument.   Recordation of any such mortgage, deed  of  trust  or  other  instrument   shall  constitute notice and otherwise have the same effect with respect   to such after-acquired property as it has under  the  laws  relating  to   recordation,  with  respect  to  property  owned  by such cooperative or   foreign corporation at the time of the execution of such mortgage,  deed   of  trust  or  other  instrument and therein described or referred to as   being mortgaged or pledged thereby.The security  interest  in  personal  property  created  by  any  such   mortgage,  deed  of  trust  or other instrument shall, after recordation   thereof, continue perfected and of record  without  the  filing  of  any   continuation  statement  as  required  by  section 9--515 of the uniform   commercial code.
NY Rural Elec Coop L § 64 (2021)
2021 New York Laws REL - Rural Electric Cooperative Article 6 - General Provisions Governing Property and Affairs 64 - Construction Standards.

§ 64. Construction  standards.  Construction  of  electric  lines by a   cooperative shall, as a minimum requirement, comply with  the  standards   of  the  national  electric  safety  code  in effect at the time of such   construction.