A Corporation Is Created by Obtaining a Charter From
183 etc General Guidelines Name Availability Standard Under Chs. - Corporations formed or organized under this Code may be stock or nonstock corporations.
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- A corporation is an artificial being created by operation of law having the right of succession and the powers attributes and properties expressly authorized by law or incidental to its existence.
. A charter document or application must specify the statutory authority under which the entity is being created or the name reservation is sought eg Ch. B For the purposes of Charter 260111 the term local development corporation includes only local development corporations affiliated with sponsored by or created by New York State government or by a New York county city town or village. 178 180 181 or 183.
The articles of incorporation also called a charter certificate of incorporation or letters patent are filed with the appropriate state office listing the purpose of the corporation its principal place of business and the number and type of shares of stock. 9 charter schools created pursuant to New York State Education Law Article 56.
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