Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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Jan 13, 2020 | referred to corporations, authorities and commissions delivered to senate passed assembly |
Jan 08, 2020 | ordered to third reading cal.8 returned to assembly died in senate |
Mar 11, 2019 | referred to corporations, authorities and commissions delivered to senate passed assembly |
Mar 07, 2019 | advanced to third reading cal.93 |
Mar 05, 2019 | reported |
Feb 12, 2019 | reported referred to codes |
Jan 09, 2019 | referred to corporations, authorities and commissions |
Archive: Last Bill Status - Passed Assembly
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
Your Voice
Actions
Co-Sponsors
Sandy Galef
Andrew Raia
Thomas Abinanti
David Buchwald
A222 (ACTIVE) - Details
A222 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 222 2019-2020 Regular Sessions I N A S S E M B L Y (PREFILED) January 9, 2019 ___________ Introduced by M. of A. PAULIN, GALEF, RAIA, ABINANTI, BUCHWALD -- read once and referred to the Committee on Corporations, Authorities and Commissions AN ACT to amend the not-for-profit corporation law, in relation to voting requirements of the board of certain corporations THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The opening paragraph of paragraph (a) of section 902 of the not-for-profit corporation law is amended to read as follows: The board of each corporation proposing to participate in a merger or consolidation under section 901 (Power of merger or consolidation) shall adopt, BY A VOTE OF TWO-THIRDS OF THE DIRECTORS PRESENT AT THE TIME OF THE VOTE, IF A QUORUM IS PRESENT AT THAT TIME, OR BY A VOTE OF THE NUMBER OF DIRECTORS REQUIRED UNDER THE CERTIFICATE OF INCORPORATION, BY-LAWS, THIS CHAPTER AND ANY OTHER APPLICABLE LAW, a plan of merger or consolidation, setting forth: § 2. Subparagraph 1 of paragraph (a) of section 1002 of the not-for- profit corporation law, as amended by chapter 549 of the laws of 2013, is amended to read as follows: (1) In the case of a vote by the board of directors: (i) the number of directors required under the certificate of incorporation, by-laws, this chapter and any other applicable law; [or] (ii) TWO-THIRDS OF THE DIRECTORS PRESENT AT THE TIME OF THE VOTE, IF A QUORUM IS PRESENT AT THAT TIME; OR (III) if the number of directors actually holding office as such at the time of the vote to adopt the plan is less than the number required to constitute a quorum of directors under the certificate of incorpo- ration, the by-laws, this chapter or any other applicable law, the remaining directors unanimously; § 3. This act shall take effect on the ninetieth day after it shall have become a law.