Article 5-A - WORKER COOPERATIVE CORPORATIONS

Section 80 - Legislative findings
Section 81 - Definitions
Section 82 - Corporations organized under the business corporation law; election to be governed as worker cooperative
Section 83 - Status as profit-making corporation
Section 84 - Applicability of the business corporation law
Section 85 - Applicability of the cooperative corporations law
Section 86 - Revocation of election
Section 87 - Corporate name
Section 88 - Members; membership shares; fees; rights and responsibilities
Section 89 - Voting shares; by-laws; amendment of certificate of incorporation
Section 90 - Net retained proceeds or losses; distribution and payment
Section 91 - Directors; officers
Section 92 - Internal capital accounts; recall or redemption of shares; interest; collective reserve account
Section 93 - Internal capital account cooperatives
Section 94 - Conversion of membership shares and internal capital accounts upon revocation of election; consolidation or merger