New York State Assembly

 
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A10304 Summary:

A10304 Actions:

A10304 Committee Votes:

Committee:CORPORATIONS, AUTHORITIES AND COMMISSIONS   Chair:Paulin      
DATE:04/24/2018AYE/NAY:22/0  Action: Favorable refer to committee Codes        
Paulin
Aye
Lawrence
Aye
Cook
Aye
Blankenbush
Aye
Galef
Aye
Friend
Absent
Jenne
Aye
Malliotakis
Aye
Rodriguez
Aye
Palmesano
Aye
Abinanti
Aye
Montesano
Aye
Quart
Aye
Lalor
Aye
Otis
Aye
Rozic
Aye
Kim
Aye
Buchwald
Aye
Seawright
Aye
Dilan
Aye
Richardson
Absent
De La Rosa
Aye
Pheffer Amato
Aye
Vanel
Absent
Carroll
Aye

Committee:CODES   Chair:Lentol      
DATE:06/13/2018AYE/NAY:21/0  Action: Favorable refer to committee Rules        
Lentol
Aye
Curran
Aye
Schimminger
Aye
Giglio
Aye
Pretlow
Aye
Montesano
Aye
Cook
Aye
Morinello
Aye
Cymbrowitz
Aye
Palumbo
Aye
Titus
Aye
Garbarino
Aye
O'Donnell
Aye
Lavine
Aye
Perry
Aye
Zebrowski
Aye
Abinanti
Aye
Weprin
Aye
Mosley
Aye
Hevesi
Excused
Fahy
Aye
Seawright
Aye

Committee:RULES   Chair:Heastie      
DATE:06/19/2018AYE/NAY:30/0  Action: Favorable         
Heastie
Aye
Kolb
Aye
Gottfried
Aye
Oaks
Aye
Lentol
Aye
Butler
Aye
Gantt
Excused
Crouch
Aye
Nolan
Aye
Finch
Aye
Weinstein
Aye
Barclay
Aye
Hooper
Aye
Raia
Aye
Ortiz
Aye
Hawley
Aye
Pretlow
Aye
Cook
Aye
Glick
Aye
Morelle
Aye
Aubry
Aye
Englebright
Aye
Dinowitz
Aye
Colton
Aye
Magnarelli
Aye
Perry
Aye
Galef
Aye
Paulin
Aye
Titus
Aye
Peoples-Stokes
Aye
Benedetto
Aye

A10304 Floor Votes:

A10304 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                        10304--B
 
                   IN ASSEMBLY
 
                                     April 10, 2018
                                       ___________
 
        Introduced  by  M. of A. PAULIN, GALEF, RAIA, ABINANTI, BUCHWALD -- read
          once and referred to the Committee on  Corporations,  Authorities  and
          Commissions  --  committee discharged, bill amended, ordered reprinted
          as amended and recommitted to said committee -- reported and  referred
          to  the  Committee  on  Codes  --  committee discharged, bill amended,
          ordered reprinted as amended and recommitted to said committee
 
        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:
 
     1    Section 1. The opening paragraph of paragraph (a) of  section  902  of
     2  the not-for-profit corporation law is amended to read as follows:
     3    The  board of each corporation proposing to participate in a merger or
     4  consolidation under section 901 (Power of merger or consolidation) shall
     5  adopt, by a vote of two-thirds of the directors present at the  time  of
     6  the  vote,  if  a  quorum  is  present at that time, or by a vote of the
     7  number of directors required under  the  certificate  of  incorporation,
     8  by-laws,  this chapter and any other applicable law, a plan of merger or
     9  consolidation, setting forth:
    10    § 2. Subparagraph 1 of paragraph (a) of section 1002 of  the  not-for-
    11  profit  corporation  law, as amended by chapter 549 of the laws of 2013,
    12  is amended to read as follows:
    13    (1) In the case of a vote by the board of directors: (i) the number of
    14  directors required under the certificate of incorporation, by-laws, this
    15  chapter and any other applicable law; [or]
    16    (ii) two-thirds of the directors present at the time of the vote, if a
    17  quorum is present at that time; or
    18    (iii) if the number of directors actually holding office  as  such  at
    19  the  time of the vote to adopt the plan is less than the number required
    20  to constitute a quorum of directors under the  certificate  of  incorpo-
    21  ration,  the  by-laws,  this  chapter  or  any other applicable law, the
    22  remaining directors unanimously;
    23    § 3. This act shall take effect on the ninetieth day  after  it  shall
    24  have become a law.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15253-05-8