9019 – Certain Provisions Relating to the Conversion of Non-Stock Savings Banks and Savings and Loan Associations to Stock Form.
§ 9019. Certain provisions relating to the conversion of non-stock savings banks and savings and loan associations to stock form. No mutual savings bank and no mutual savings and loan association shall convert to stock form unless all depositors (in the case of such savings banks) and all shareholders (in the case of such savings […]
9015 – Corporate Name; Exceptions.
§ 9015. Corporate name; exceptions. 1. Any reference to a corporation in this section shall include both corporations and foreign corporations. 2. The provisions of section nine thousand fourteen: (a) Shall not require any corporation existing or recognized under this chapter on the effective date of this article, to add to, modify or otherwise change […]
9016 – Change of Name.
§ 9016. Change of name. By resolution adopted by a vote of two-thirds of all its directors, at a meeting held for the purpose, a corporation may change its corporate name, but such change shall not be effective unless it shall have been approved by the superintendent. If the superintendent shall approve, he shall issue, […]
9017 – Place and Time of Meetings of the Board; Presence At.
§ 9017. Place and time of meetings of the board; presence at. 1. Meetings of the board, regular or special, may be held at any place within or without this state, unless otherwise provided in the organization certificate or the by-laws. 2. Subject to articles six, ten, ten-B and eleven of this chapter, the time […]
9018 – Effect of Invalidity of Part of Article; Severability.
§ 9018. Effect of invalidity of part of article; severability. If any provision of this article or application thereof to any person or circumstances is held invalid, such invalidity shall not affect other provisions or applications of this article which can be given effect without the invalid provision or application, and to this end the […]
9009 – Other Provisions Affecting Indemnification of Directors and Officers.
§ 9009. Other provisions affecting indemnification of directors and officers. 1. All expenses incurred in defending a civil or criminal action or proceeding which are advanced by the corporation under subdivision three of section nine thousand seven or allowed by a court under subdivision three of section nine thousand eight shall be repaid in case […]
9010-A – Insurance for Indemnification of Directors and Officers.
§ 9010-a. Insurance for indemnification of directors and officers. 1. Subject to the provisions of subdivision two of this section, a corporation shall have power to purchase and maintain insurance: (a) To indemnify the corporation for any obligation which it incurs as a result of the indemnification of directors and officers under the provisions of […]
9011 – Certificates as Evidence.
§ 9011. Certificates as evidence. 1. Any certificate or other instrument filed by the superintendent relating to a corporation or foreign corporation and containing statements of fact, required or permitted by law to be contained therein, shall be received in all courts, public offices and official bodies as prima facie evidence of such facts and […]
9012 – Corporate Seal as Evidence.
§ 9012. Corporate seal as evidence. The presence of the corporate seal on a written instrument purporting to be executed by authority of a corporation or a foreign corporation shall be prima facie evidence that the instrument was so executed.
9013 – When Notice or Lapse of Time Unnecessary; Notices Dispensed With When Delivery Is Prohibited.
§ 9013. When notice or lapse of time unnecessary; notices dispensed with when delivery is prohibited. 1. Whenever, under articles six, ten, ten-B and eleven, the organization certificate and by-laws of any corporation or by the terms of any agreement or instrument, a corporation or the board or any committee thereof is authorized to take […]