N.Y. Coop. Corp. Law § 91 Directors; Officers

LibraryNew York Statutes
Edition2023
CurrencyCurrent through 2023 NY Law Chapter 777
Year2023
CitationN.Y. Coop. Corp. Law § 91

1. The by-laws of a worker cooperative shall provide for the election, terms, classifications, if any, and removal of directors and officers in accordance with the provisions of this chapter or the provisions of the business corporation law.

2. Non-members may serve as directors or officers of a worker cooperative but at no time shall there be a majority of non-member directors.

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