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The Laws of New York
Consolidated Laws of New York
CHAPTER 35
Not-for-Profit Corporation
ARTICLE 6
Members
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SECTION 619
Agreements by members as to voting
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ARTICLE 6
Members
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SECTION 621
Books and records; right of inspection; prima facie evidence
This entry was published on 2014-09-22
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SECTION 620
Preemptive rights
Not-for-Profit Corporation (NPC) CHAPTER 35, ARTICLE 6
§ 620. Preemptive rights.

There shall be no preemptive rights in relation to membership
certificates or cards, capital certificates, subvention certificates, or
bonds. In the case of bonds having lawful voting rights, this section
shall not invalidate otherwise valid contract provisions designed to
protect such voting rights.