Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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Aug 02, 2021 | signed chap.321 |
Jul 21, 2021 | delivered to governor |
Apr 28, 2021 | returned to assembly passed senate 3rd reading cal.414 substituted for s3265 |
Feb 08, 2021 | referred to corporations, authorities and commissions delivered to senate passed assembly |
Jan 28, 2021 | advanced to third reading cal.59 |
Jan 26, 2021 | reported |
Jan 12, 2021 | reported referred to codes |
Jan 06, 2021 | referred to corporations, authorities and commissions |
assembly Bill A213
Signed By GovernorSponsored By
PAULIN
Archive: Last Bill Status - Signed by Governor
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed by Governor
Your Voice
Actions
Votes
Co-Sponsors
Sandy Galef
Thomas Abinanti
Steven Otis
Jonathan Jacobson
A213 (ACTIVE) - Details
A213 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 213 2021-2022 Regular Sessions I N A S S E M B L Y (PREFILED) January 6, 2021 ___________ Introduced by M. of A. PAULIN, GALEF, ABINANTI, OTIS, JACOBSON -- 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.