18 CRR-NY 482.5NY-CRR
STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 18. DEPARTMENT OF SOCIAL SERVICES
CHAPTER II. REGULATIONS OF THE DEPARTMENT OF SOCIAL SERVICES
SUBCHAPTER C. SOCIAL SERVICES
ARTICLE 7. CERTIFICATES OF INCORPORATION; MISCELLANEOUS CORPORATE MATTERS
PART 482. APPROVAL OF CERTIFICATES OF INCORPORATION
18 CRR-NY 482.5
18 CRR-NY 482.5
482.5 Business day care corporation.
(a) An applicant seeking office approval for the filing of a certificate of incorporation, amendment, merger or consolidation that would include the authority to operate a day care center or centers is subject to and must comply with all the requirements of section 482.4 of this Part, except for section 482.4(b)(7) of this Part. In addition to those requirements, the following information must be submitted:
(1) the name, address and occupation of each shareholder holding 20 or more percent of the stock of the corporation, member of the board of directors and officer; and
(2) the number of shares of each class of stock owned by each shareholder holding 20 or more percent of the stock of the corporation.
(b) The certificate of incorporation must contain a provision stating that no certificate of amendment, merger, consolidation or dissolution shall be filed without the prior written approval of the office.
(c) The office will review the materials submitted. If the office finds that the materials are incomplete or inadequate, the office may disapprove the filing of the certificate or withhold approval until the materials are complete and demonstrate compliance with the regulations.
18 CRR-NY 482.5
Current through July 31, 2021
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: JULY 31, 2023, is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Admisnistrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of the NYS Rules.