Current through Register Vol. 46, No. 51, December 18, 2024
Section 451.93 - Equity ownership(a) The interest of an owner in property or in a business or other organization, subject, in case of liquidation, to prior claim of creditors.(b) The interest (paid-in capital and retained earnings) of a stockholder or of stockholders collectively in a corporation; proprietorship.N.Y. Comp. Codes R. & Regs. Tit. 10 § 451.93