Senate Bill S8579

Signed By Governor
2017-2018 Legislative Session

Relates to the New York convention center operating corporation

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A10685 - 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-S8579 (ACTIVE) - Details

See Assembly Version of this Bill:
A10685
Law Section:
Public Authorities Law
Laws Affected:
Amd §2562, Pub Auth L

2017-S8579 (ACTIVE) - Summary

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

2017-S8579 (ACTIVE) - Sponsor Memo

2017-S8579 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8579
 
                             I N  S E N A T E
 
                               May 10, 2018
                                ___________
 
 Introduced  by  Sen. HOYLMAN -- read twice and ordered printed, and when
   printed to be committed 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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