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NYC Health + Hospitals, officially the New York City Health and Hospitals Corporation ( HHC ), operates the public hospitals and clinics in New York City as a public benefit corporation. HHC was created in 1969 by the New York State Legislature as a public benefit corporation. [ 1] It is similar to a municipal agency, but has a board of directors .
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....
Website. canals.ny.gov. The New York State Canal Corporation is a New York State public-benefit corporation responsible for the oversight, administration and maintenance of the New York State Canal System, which consists of the Erie Canal, Cayuga–Seneca Canal, Oswego Canal and Champlain Canal. [ 1] It is also involved with the development and ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
www .nyc .gov /hra. The Human Resources Administration or Department of Social Services ( HRA/DSS) is the department of the government of New York City [ 1] in charge of the majority of the city's social services programs. HRA helps New Yorkers in need through a variety of services that promote employment and personal responsibility while ...
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 ...
Paychex, Inc. is an American company that provides human resources, payroll, and employee benefits outsourcing services for small- to medium-sized businesses. [ 1] Founded in 1971 and headquartered in Rochester, New York, the company has more than 100 offices serving approximately 740,000 payroll clients in the U.S. and Europe. [ 1]
Alight, Inc. Alight Solutions is an Information technology and consulting company based in Chicago, Illinois. The company provides cloud-based digital business and human capital service solutions; particularly within the areas of wealth and health resources. [ 1] The company went public on July 6, 2021, trading in the New York Stock Exchange ...