N.Y. Comp. Codes R. & Regs. tit. 9, § 1725-1.5 – Certificate of incorporation. | Midpage
§ 1725-1.5
N.Y. Comp. Codes R. & Regs. tit. 9, § 1725-1.5
Certificate of incorporation.
Executive Department
Members of the board of directors cannot exceed the authority granted in the certificate of incorporation, nor can they perform acts other than those expressed or implied in such certificate.