Bill Text: NY A10685 | 2017-2018 | General Assembly | Introduced

---

Bill Title: Relates to the determination of a quorum for the transaction of business of the New York convention center operating corporation.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2018-07-31 - signed chap.171 [A10685 Detail]

Download: New_York-2017-A10685-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________
                                          10685
                   IN ASSEMBLY
                                      May 10, 2018
                                       ___________
        Introduced  by  M.  of  A.  GOTTFRIED  --  read once and referred to the
          Committee on Corporations, Authorities and Commissions
        AN ACT to amend the public authorities law, in relation to the  determi-
          nation  of  a  quorum  for the transaction of business of the New York
          convention center operating corporation
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Subdivision  3  of section 2562 of the public authorities
     2  law, as added by chapter 35 of the laws of 1979, is amended to  read  as
     3  follows:
     4    3.  A  majority  of the [whole number of the members] appointed voting
     5  membership of the board of directors shall constitute a quorum  for  the
     6  transaction  of  any business or the exercise of any power of the corpo-
     7  ration. The powers of the corporation shall  be  exercised,  or  may  be
     8  delegated  to one or more directors, officers, agents or employees, by a
     9  majority of the [whole number of the members] appointed  voting  member-
    10  ship of the board of directors. No vote at such meeting shall be cast by
    11  proxy.  [For  the  purpose  of this subdivision the words "whole number"
    12  shall be construed to mean the total number which such board would  have
    13  were  there  no  vacancies  and  were  none of the members of such board
    14  disqualified from acting.]
    15    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15867-01-8