New York § 62 - 62Salaries
Full text of New York New York Consolidated Laws § 62 — 62Salaries, with citation guidance and answers to common questions.
§ 62. 62Salaries
§ 62. Salaries. The corporation may provide a fair remuneration for its officers and directors and for members of its executive committee. No officer or director or member of the executive committee shall be a party to a contract for profit with the corporation which in substance shall differ in any way from similar contracts by it with members or with others, or which shall vary from terms generally current in the district.
Frequently Asked Questions About New York § 62
What does New York Consolidated Laws § 62 cover?
Section 62 ("62Salaries") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 62?
A common citation format is "New York Consolidated Laws § 62" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 62 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.