N.Y. Business Corporation Law § 1318: Liability of foreign corporations for failure to disclose required information

§ 1318. Liability of foreign corporations for failure to disclose

required information.

A foreign corporation doing business in this state shall, in the same

manner as a domestic corporation, disclose to its shareholders of record

who are residents of this state the information required under paragraph

(c) of section 510 (Dividends or other distributions in cash or

property), paragraphs (f) and (g) of section 511 (Share distributions

and changes), paragraph (d) of section 515 (Reacquired shares),

paragraph (c) of section 516 (Reduction of stated capital in certain

cases), and shall be liable as provided in section 520 (Liability for

failure to disclose required information) for failure to comply in good

faith with these requirements.