N.Y. General Associations Law § 2: Definitions

§ 2. Definitions. As used in this chapter: 1. The term "joint stock

association" includes every unincorporated joint stock association,

company or enterprise having written articles of association and capital

stock divided into shares, but does not include a corporation or a

business trust.

2. The term "business trust" means any association operating a

business under a written instrument or declaration of trust, the

beneficial interest under which is divided into shares represented by

certificates.

3. The term "stockholder" means every member of a joint stock

association.

4. The term "association," as used in article four of this chapter,

means a joint stock association or a business trust as defined in this

section.