N.Y. BSC Law § 1317
This is the official text of N.Y. BSC Law § 1317, part of New York’s BSC Law — part of the compiled statutory law of New York, published by the state as "BSC Law." Browse the sections below, each linked to its official government source.
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Liabilities of directors and officers of foreign corporations
Official statutory text
§ 1317. Liabilities of directors and officers of foreign corporations.\n (a) Except as otherwise provided in this chapter, the directors and\nofficers of a foreign corporation doing business in this state are\nsubject, to the same extent as directors and officers of a domestic\ncorporation, to the provisions of:\n (1) Section 719 (Liability of directors in certain cases) except\nsubparagraph (a) (3) thereof, and\n (2) Section 720 (Action against directors and officers for\nmisconduct.)\n (b) Any liability imposed by paragraph (a) may be enforced in, and\nsuch relief granted by, the courts in this state, in the same manner as\nin the case of a domestic corporation.\n
Status: in_force · Read it on the official government site
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