N.Y. Business Corporation Law § 1306 : Business Corporation — Foreign Corporations — Powers of authorized foreign corporations Date: 11 Mar 2016 TEXT PDF Current through 2016 New York Laws, Chapters 1 to 237 An authorized foreign corporation shall have such powers as are permitted by the laws of the jurisdiction of its incorporation but no greater powers than those of a domestic corporation formed for the business set forth in the application for authority. N.Y. Bus. Corp. Law § 1306