N.Y. Not-for-Profit Corporation Law § 201: Purposes

§ 201. Purposes.

(a) A corporation, as defined in paragraph (a) of § 102 (Definitions),

may be formed under this chapter as a charitable corporation or a

non-charitable corporation unless it may be formed under any other

corporate law of this state, in which event it may not be formed under

this chapter unless such other corporate law expressly so provides.

(b) A corporation formed under this chapter on or after July first,

two thousand fourteen shall either be a charitable corporation or a

non-charitable corporation. Any corporation formed for both charitable

purposes and non-charitable purposes shall be deemed a charitable

corporation for purposes of this chapter. A type A not-for-profit

corporation formed prior to July first, two thousand fourteen shall be

deemed a non-charitable corporation under this chapter. Any submission

or filing by such corporation to any person or entity shall be deemed to

have been submitted or filed by a non-charitable corporation, and any

reference in any such filing or submission referring to the status of

such corporation as a type A corporation shall be deemed to refer to a

non-charitable corporation.

(c) A type B or C not-for-profit corporation formed prior to July

first, two thousand fourteen shall be deemed a charitable corporation

for all purposes under this chapter. Any submission or filing by such

corporation to any person or entity shall be deemed to have been

submitted or filed by a charitable corporation, and any reference in any

such filing or submission referring to the status of such corporation as

a type B or type C corporation shall be deemed to refer to a charitable

corporation.

(d) A type D not-for-profit corporation formed prior to July first,

two thousand fourteen for charitable purposes shall be deemed a

charitable corporation. Any submission or filing by such corporation to

any person or entity shall be deemed to have been submitted or filed by

a charitable corporation, and any reference in any such filing or

submission referring to the status of such corporation as a type D

corporation shall be deemed to refer to a charitable corporation. Any

other type D not-for-profit corporations formed prior to July first, two

thousand fourteen shall be deemed a non-charitable corporation. Any

submission or filing by such corporation to any person or entity shall

be deemed to have been submitted or filed by a non-charitable

corporation, and any reference in any such filing or submission

referring to the status of such corporation as a type D corporation

shall be deemed to refer to a non-charitable corporation.