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Assembly Bill A3830A

2017-2018 Legislative Session

Requires the board of directors of residential cooperative corporations and not-for-profit corporations to provide tenants with changes to the by-laws in writing

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Archive: Last Bill Status - On Floor Calendar

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Bill Amendments

2017-A3830 - Details

Law Section:
Cooperative Corporations Law
Laws Affected:
Amd §16, add §78, Coop Corps L; amd §602, add §624, N-PC L
Versions Introduced in Other Legislative Sessions:
2015-2016: A6870
2019-2020: A456

2017-A3830 - Summary

Requires the board of directors of residential cooperative corporations and not-for-profit corporations to provide tenants with changes to the by-laws in writing within ten days of adoption; requires notification to tenants of changes affecting occupancy or the rules of the building.

2017-A3830 - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3830
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 30, 2017
                                ___________
 
 Introduced  by  M.  of  A.  ROSENTHAL  --  read once and referred to the
   Committee on Housing
 
 AN ACT to amend the cooperative corporations law and the  not-for-profit
   corporation  law,  in  relation to requiring the board of directors of
   residential cooperative corporations and  not-for-profit  corporations
   to  provide  members,  stockholders, and delegates with changes to the
   by-laws in writing within ten days of adoption; in relation to notifi-
   cation to tenants of changes affecting occupancy or the rules  of  the
   building
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 16 of the cooperative corporations law  is  amended
 to read as follows:
   §  16.  By-laws. 1. The by-laws may provide for their amendment by the
 board of directors; but any amendment adopted  by  the  board  shall  be
 reported  to  the annual meeting of the corporation and, if not affirma-
 tively approved thereat, shall cease to be in  effect.  By-laws  may  be
 adopted,  repealed  or  amended on the affirmative vote of two-thirds of
 the members, stockholders or delegates voting thereon at a meeting  held
 after  due  written  notice  setting  forth  the proposed action and the
 purpose of the meeting.
   2. IN  THE  CASE  OF  RESIDENTIAL  COOPERATIVE  CORPORATIONS,  CHANGES
 INCLUDING  THE ADOPTION, AMENDMENT OR REPEAL OF THE BY-LAWS BY THE BOARD
 OF DIRECTORS SHALL BE PROVIDED TO THE MEMBERS, STOCKHOLDERS, AND  DELEG-
 ATES OF SUCH CORPORATION IN WRITING WITHIN TEN DAYS OF SUCH ADOPTION.
   §  2.    The  cooperative  corporations law is amended by adding a new
 section 78 to read as follows:
   § 78. NOTIFICATION TO TENANTS. MEMBERS, STOCKHOLDERS AND DELEGATES WHO
 POSSESS UNITS IN A  RESIDENTIAL  COOPERATIVE  CORPORATION  SHALL  NOTIFY
 TENANTS  WITHIN  TEN  DAYS  OF  RECEIPT OF NOTIFICATION OF THE ADOPTION,
 AMENDMENT OR REPEAL OF THE BY-LAWS BY THE BOARD OF DIRECTORS PURSUANT TO
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

2017-A3830A (ACTIVE) - Details

Law Section:
Cooperative Corporations Law
Laws Affected:
Amd §16, add §78, Coop Corps L; amd §602, add §624, N-PC L
Versions Introduced in Other Legislative Sessions:
2015-2016: A6870
2019-2020: A456

2017-A3830A (ACTIVE) - Summary

Requires the board of directors of residential cooperative corporations and not-for-profit corporations to provide tenants with changes to the by-laws in writing within ten days of adoption; requires notification to tenants of changes affecting occupancy or the rules of the building.

2017-A3830A (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  3830--A
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 30, 2017
                                ___________
 
 Introduced  by  M.  of  A. L. ROSENTHAL -- read once and referred to the
   Committee on Housing -- recommitted to the  Committee  on  Housing  in
   accordance  with Assembly Rule 3, sec. 2 -- committee discharged, bill
   amended, ordered reprinted as amended and recommitted to said  commit-
   tee

 AN  ACT to amend the cooperative corporations law and the not-for-profit
   corporation law, in relation to requiring the board  of  directors  of
   residential  cooperative  corporations and not-for-profit corporations
   to provide tenants with changes to the by-laws in writing  within  ten
   days  of  adoption;  in relation to notification to tenants of changes
   affecting occupancy or the rules of the building
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section 16 of the cooperative corporations law is amended
 to read as follows:
   § 16. By-laws. 1. The by-laws may provide for their amendment  by  the
 board  of  directors;  but  any  amendment adopted by the board shall be
 reported to the annual meeting of the corporation and, if  not  affirma-
 tively  approved  thereat,  shall  cease to be in effect. By-laws may be
 adopted, repealed or amended on the affirmative vote  of  two-thirds  of
 the  members, stockholders or delegates voting thereon at a meeting held
 after due written notice setting  forth  the  proposed  action  and  the
 purpose of the meeting.
   2.  IN  THE  CASE  OF  RESIDENTIAL  COOPERATIVE  CORPORATIONS, CHANGES
 INCLUDING THE ADOPTION, AMENDMENT OR REPEAL OF THE BY-LAWS BY THE  BOARD
 OF  DIRECTORS SHALL BE PROVIDED TO THE MEMBERS, STOCKHOLDERS, AND DELEG-
 ATES OF SUCH CORPORATION IN WRITING, BY PHYSICAL  OR  ELECTRONIC  MEANS,
 WITHIN TEN DAYS OF SUCH ADOPTION.
   §  2.    The  cooperative  corporations law is amended by adding a new
 section 78 to read as follows:

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05261-02-8

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