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Bill failed a vote in the state's legislature. In business, and only in United States corporate law, a benefit corporation (or in some states, a public benefit corporation) is a type of for-profit corporate entity whose goals include making a positive impact on society. Laws concerning conventional corporations typically do not define the "best ...
The New York State Constitution, Art.X, sec. 5, provides that public benefit corporations may only be created by special act of the legislature. In City of Rye v. MTA, 24 N.Y.2d 627 (1969), the court of appeals explained that "The debates of the 1938 Convention indicate that the proliferation of public authorities after 1927 was the reason for the enactment of section 5 of article X....
B. Beau's All Natural Brewing Company. Ben & Jerry's. Beneficial State Bank. Bluesky Social. Broadway Financial Corporation. Bullfrog Power. Business Development Bank of Canada. Buy Nothing Project.
Public benefit corporations in New York (state) (1 C, 51 P) P. Port authorities (9 C, 73 P) Public benefit corporations based in the United States (3 C, 12 P)
New York City Industrial Development Agency (NYCIDA) is a public benefit corporation under New York State law that provides companies with access to tax-exempt bond financing or tax benefits to strengthen and diversify the City’s tax and employment base, helps businesses locate and expand their operations within New York City, and encourages ...
Headquarters. 17 Columbia Circle. Albany, NY 12203-6399. Authority executive. Doreen Harris, President and Chief Executive Officer. Website. www.nyserda.ny.gov. The New York State Energy Research and Development Authority (NYSERDA), established in 1975, is a New York State public-benefit corporation, located in Albany, New York, with regional ...
There is ongoing debate in New York State politics regarding the size and scope of New York State public benefit corporations, i.e., how many there are, how much debt they carry, how much power they wield to issue bonds for funding, who they are accountable to, etc. [5] [6] [7] For example, the New York Local Government Assistance Corporation has a 24-member staff to oversee the operations of ...
Physicians at this location. Columbia Doctors Dermatology. 51 W 51st St Ste 390. New York, NY 10019. Tel: (212) 305-5293. Visit Website.