Assembly Bill A10685

Signed By Governor
2017-2018 Legislative Session

Relates to the New York convention center operating corporation

download bill text pdf

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Archive: Last Bill Status - Signed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2017-A10685 (ACTIVE) - Details

See Senate Version of this Bill:
S8579
Law Section:
Public Authorities Law
Laws Affected:
Amd §2562, Pub Auth L

2017-A10685 (ACTIVE) - Summary

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

2017-A10685 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10685
 
                           I N  A S S E M B L Y
 
                               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:
 
   Section  1.  Subdivision  3  of section 2562 of the public authorities
 law, as added by chapter 35 of the laws of 1979, is amended to  read  as
 follows:
   3.  A  majority  of the [whole number of the members] APPOINTED VOTING
 MEMBERSHIP of the board of directors shall constitute a quorum  for  the
 transaction  of  any business or the exercise of any power of the corpo-
 ration. The powers of the corporation shall  be  exercised,  or  may  be
 delegated  to one or more directors, officers, agents or employees, by a
 majority of the [whole number of the members] APPOINTED  VOTING  MEMBER-
 SHIP of the board of directors. No vote at such meeting shall be cast by
 proxy.  [For  the  purpose  of this subdivision the words "whole number"
 shall be construed to mean the total number which such board would  have
 were  there  no  vacancies  and  were  none of the members of such board
 disqualified from acting.]
   § 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

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