Internal prototype — noindexed, not linked from public navigation yet.

Statutes » New York » BSC Law » Article 17

N.Y. BSC Law § 1704

This is the official text of N.Y. BSC Law § 1704, 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.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

Election of an existing business corporation to become a benefit corporation

Official statutory text

§ 1704. Election of an existing business corporation to become a benefit\ncorporation.\n (a) A business corporation may become a benefit corporation under this\narticle by amending its certificate of incorporation so that it contains\na statement that the corporation is a benefit corporation. The amendment\nshall not be effective unless it is adopted by at least the minimum\nstatus vote.\n (b) Any corporation that is not a benefit corporation that is a party\nto a merger or consolidation in which the surviving or consolidated\ncorporation will be a benefit corporation must approve the plan of\nmerger or consolidation by at least the minimum status vote in addition\nto any other vote required by this chapter, the certificate of\nincorporation or the bylaws.\n (c) Any corporation that is not a benefit corporation that is party to\na merger or consolidation in which shares of stock of such corporation\nwill be converted into a right to receive shares of stock of a benefit\ncorporation must approve the plan of merger or consolidation by at least\nthe minimum status vote in addition to any other vote required by this\nchapter, the certificate of incorporation or the bylaws.\n

Status: in_force · Read it on the official government site

Need a lawyer in New York?

Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.