New York § 84 - 84Applicability of the business corporation law
Full text of New York New York Consolidated Laws § 84 — 84Applicability of the business corporation law, with citation guidance and answers to common questions.
§ 84. 84Applicability of the business corporation law
§ 84. Applicability of the business corporation law. 1. A corporation electing to be governed as a worker cooperative in accordance with section eighty-two of this article shall be governed by all provisions of the business corporation law, except as otherwise provided in this article. 2. Notwithstanding the provisions of paragraph (b) of subdivision (1) of section five of this chapter, the following sections of the business corporation law shall apply to worker cooperatives, except where otherwise provided in this article: section four hundred three, section five hundred five, paragraph (c) of section five hundred eighteen, paragraph (a) of section six hundred eight, paragraph (a) of section seven hundred three, section seven hundred four and paragraph (a) of section eight hundred three. 3. The following sections of the business corporation law shall not apply to membership shares in a worker cooperative as defined in section eighty-one of this article: section five hundred three, section five hundred four, section five hundred nine, paragraph (c) of section five hundred twelve, section six hundred twelve, section six hundred seventeen, section six hundred twenty-two, section six hundred twenty-three, section six hundred twenty-five and section six hundred twenty-eight.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 84
What does New York Consolidated Laws § 84 cover?
Section 84 ("84Applicability of the business corporation law") 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 § 84?
A common citation format is "New York Consolidated Laws § 84" (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 § 84 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.