assembly Bill A456

Signed By Governor
2019-2020 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

download bill text pdf

Sponsored By

Archive: Last Bill Status Via S4956 - Signed by Governor


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

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Actions

view actions (17)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Nov 25, 2019 signed chap.558
Nov 19, 2019 delivered to governor
Jun 13, 2019 returned to senate
passed assembly
ordered to third reading cal.163
substituted for a456a
Jun 13, 2019 substituted by s4956a
Jun 03, 2019 amended on third reading (t) 456a
Jun 03, 2019 vote reconsidered - restored to third reading
returned to assembly
recalled from senate
Apr 02, 2019 referred to housing, construction and community development
delivered to senate
passed assembly
Mar 28, 2019 advanced to third reading cal.163
Mar 26, 2019 reported
Jan 09, 2019 referred to housing

Co-Sponsors

A456 - 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
2017-2018: A3830

A456 - Summary

Requires the board of directors of certain 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.

A456 - Bill Text download pdf


                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                   456

                       2019-2020 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 9, 2019
                               ___________

Introduced  by  M.  of  A. L. 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  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:
  §  78.  NOTIFICATION  TO  RESIDENTS.  UPON  THE ADOPTION, AMENDMENT OR
REPEAL OF BY-LAWS BY THE BOARD OF DIRECTORS PURSUANT TO SUBDIVISION  TWO
OF  SECTION  SIXTEEN  OF  THIS  CHAPTER,  WHERE SUCH CHANGE WOULD HAVE A

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

Co-Sponsors

A456A (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
2017-2018: A3830

A456A (ACTIVE) - Summary

Requires the board of directors of certain 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.

A456A (ACTIVE) - Bill Text download pdf


                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 456--A
                                                        Cal. No. 163

                       2019-2020 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 9, 2019
                               ___________

Introduced  by M. of A. L. ROSENTHAL, BLAKE -- read once and referred to
  the Committee on Housing -- advanced to a  third  reading,  passed  by
  Assembly  and  delivered to the Senate, recalled from the Senate, vote
  reconsidered, bill amended, ordered reprinted, retaining its place  on
  the order of third reading

AN  ACT  to  amend  the  business corporation 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 708 of the business corporation law is amended by
adding two new subdivisions (e) and (f) to read as follows:
  (E) IN THE CASE OF CORPORATIONS OWNING OR LEASING RESIDENTIAL PREMISES
AND OPERATING THE SAME ON A COOPERATIVE  BASIS,  CHANGES  INCLUDING  THE
ADOPTION,  AMENDMENT  OR REPEAL OF THE BY-LAWS BY THE BOARD OF DIRECTORS
SHALL BE PROVIDED TO THE MEMBERS, STOCKHOLDERS, AND  DELEGATES  OF  SUCH
CORPORATION IN WRITING, BY PHYSICAL OR ELECTRONIC MEANS, WITHIN TEN DAYS
OF SUCH ADOPTION.
  (F)  UPON THE ADOPTION, AMENDMENT OR REPEAL OF BY-LAWS BY THE BOARD OF
DIRECTORS OF A CORPORATION OWNING OR LEASING  RESIDENTIAL  PREMISES  AND
OPERATING THE SAME ON A COOPERATIVE BASIS PURSUANT TO SUBDIVISION (E) OF
THIS  SECTION, WHERE SUCH CHANGE WOULD HAVE A DIRECT EFFECT ON THE RESI-
DENT'S OCCUPANCY OR THE RULES OF THE BUILDING, THE  BOARD  OF  DIRECTORS
SHALL  POST  THE  ADOPTED, AMENDED, OR REPEALED BY-LAWS CONSPICUOUSLY TO
ENSURE TENANTS WILL BE AWARE OF SUCH ADOPTION.
  § 2. Section 602 of the not-for-profit corporation law is  amended  by
adding a new paragraph (g) to read as follows: