New York State Assembly

Bill No.:  

 
•  Summary 
 
•  Actions 
 
•  Committee Votes 
 
•  Floor Votes 
 
•  Memo 
 
•  Text 
 
•  LFIN 
 
•  Chamber Video/Transcript 

---

A05326 Summary:

BILL NO	A05326
SAME AS	No Same As
SPONSOR	Gandolfo
COSPNSR
MLTSPNSR	Colton, Cook, Lavine, Montesano, Ra
Add §78, Coop Corps L; amd §63, Exec L
Provides for the appeal of disputes between shareholders and boards of directors of residential cooperatives to a hearing officer appointed by the attorney general.

Go to top    

---

A05326 Actions:

BILL NO	A05326
02/12/2021	referred to corporations, authorities and commissions
01/05/2022	referred to corporations, authorities and commissions
05/03/2022	held for consideration in corporations, authorities and commissions

Go to top

---

A05326 Committee Votes:

Committee:CORPORATIONS, AUTHORITIES AND COMMISSIONS   Chair:Paulin      
DATE:05/03/2022AYE/NAY:17/7  Action: Held for Consideration         
Paulin
Aye
Lemondes
Nay
Cook
Aye
Blankenbush
Nay
Galef
Aye
Friend
Nay
Quart
Aye
Lalor
Nay
Otis
Aye
Palmesano
Nay
Rozic
Aye
Angelino
Nay
Kim
Aye
Jensen
Nay
Seawright
Aye
Dilan
Aye
Pheffer Amato
Aye
Vanel
Aye
Carroll
Aye
Niou
Aye
Fall
Excused
Jean-Pierre
Aye
Gonzalez-Rojas
Aye
Zinerman
Aye
Tapia
Aye

Go to top

---

A05326 Floor Votes:

Go to top

---

A05326 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5326
 
                               2021-2022 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 12, 2021
                                       ___________
 
        Introduced  by  M.  of  A.  GANDOLFO  --  Multi-Sponsored by -- M. of A.
          COLTON, COOK, LAVINE, MONTESANO, RA -- read once and referred  to  the
          Committee on Corporations, Authorities and Commissions
 
        AN  ACT to amend the cooperative corporations law and the executive law,
          in relation to providing for the resolution of  disputes  between  the
          board  of  directors  of  residential  cooperative  corporations and a
          shareholder to be determined by a hearing  officer  appointed  by  the
          attorney general
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. The cooperative corporations law is amended by adding a new
     2  section 78 to read as follows:
     3    § 78. Disputes to be heard by attorney  general;  residential  cooper-
     4  ative. A shareholder in a cooperative corporation which owns residential
     5  real  property  may  appeal  any decision by such corporation's board of
     6  directors to a hearing officer appointed by the attorney general  pursu-
     7  ant  to  subdivision  seventeen  of section sixty-three of the executive
     8  law. A hearing upon such appeal shall be heard within sixty days of  the
     9  filing  thereof  with the department of law, with notice to the board of
    10  directors. The hearing officer shall provide each party  an  opportunity
    11  to  be  heard  and  render final determination based on the evidence and
    12  testimony presented at the hearing.
    13    § 2. Section 63 of the executive law is amended by adding a new subdi-
    14  vision 17 to read as follows:
    15    17. Establish an appeals process for  the  determination  of  disputes
    16  between  shareholders  and the boards of directors of cooperative corpo-
    17  rations pursuant to section  seventy-eight  of  the  cooperative  corpo-
    18  rations law. The attorney general shall appoint and empower such hearing
    19  officers as shall be necessary to hear and determine such appeals.
    20    §  3.  This act shall take effect immediately, except that section one
    21  of this act shall take effect on the first of  January  next  succeeding
    22  the date on which it shall have become a law.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08727-01-1

Go to top