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Statutes » New York » NPC Law » Article 6

N.Y. NPC Law § 620

This is the official text of N.Y. NPC Law § 620, part of New York’s NPC Law — part of the compiled statutory law of New York, published by the state as "NPC Law." Browse the sections below, each linked to its official government source.

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Preemptive rights

Official statutory text

§ 620. Preemptive rights.\n There shall be no preemptive rights in relation to membership\ncertificates or cards, capital certificates, subvention certificates, or\nbonds. In the case of bonds having lawful voting rights, this section\nshall not invalidate otherwise valid contract provisions designed to\nprotect such voting rights.\n

Status: in_force · Read it on the official government site

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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.