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New York · Through 2026-09-11

N.Y. Cooperative Corporations Law § 13: Purposes for which general cooperative corporations may be formed

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Where this section sits in the code
  1. Cooperative Corporations Law
  2. Article 2. Formation and Dissolution of Cooperative Corporations; Classes; Powers; By-laws

§ 13. Purposes for which general cooperative corporations may be

formed. A cooperative corporation may be created under this chapter

primarily for mutual help, not conducted for profit, for the purposes of

assisting its members, including other cooperatives with which it is

affiliated, by performing services connected with the purchase,

financing, production, manufacture, warehousing, cultivating,

harvesting, preservation, drying, processing, cleansing, canning,

blending, packing, grading, storing, handling, utilization, shipping,

marketing, merchandising, selling, financing or otherwise disposing of

the agricultural and food products of its members or of any by-products

thereof, including livestock waste or other organic agricultural wastes

and the capture of methane and other gases for the generation and use or

sale of energy, as defined in section 1-103 of the energy law, or

connected with the acquisition for its members of labor, supplies and

articles of common use, including livestock, equipment, machinery, food

products, family or other household and personal supplies, to be used or

consumed by the members, their families or guests, or for carrying on

any other household operation or educational work in home economics and

cooperation by or for its members, or for buying, selling or leasing

homes or farms for its members, or building or conducting housing or

eating places cooperatively, or for furnishing medical expense

indemnity, dental expense indemnity, or hospital services to persons who

become subscribers under contracts with such corporations in the manner

provided in article forty-three of the insurance law, or for the purpose

of organizing agency or credit corporations as provided in article seven

of this chapter, but a corporation so organized as a credit corporation

shall not have power to engage in any other activities. A certificate of

incorporation, which includes the purpose of carrying on educational

work, shall have attached thereto the consent of the commissioner of

education. A worker cooperative may be formed for any lawful business

purpose and may be conducted for profit.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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