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- Article 3. Members and Meetings
N.Y. Coop. Corp. Law § 42 Forfeiture of Membership
| Library | New York Statutes |
| Edition | 2023 |
| Currency | Current through 2023 NY Law Chapter 679 |
In accordance with provisions therefor in the by-laws, any person shall forfeit his membership upon proof that he has ceased to be engaged in the occupation or occupations for the servicing of which the corporation was formed, or has ceased to have the qualifications requisite for membership; and shall upon such notice and terms as may be prescribed in the by-laws, surrender his membership...
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