STATE OF NEW YORK
________________________________________________________________________
8579
IN SENATE
May 10, 2018
___________
Introduced by Sen. HOYLMAN -- read twice and ordered printed, and when
printed to be committed to the Committee on Corporations, Authorities
and Commissions
AN ACT to amend the public authorities law, in relation to the determi-
nation of a quorum for the transaction of business of the New York
convention center operating corporation
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 3 of section 2562 of the public authorities
2 law, as added by chapter 35 of the laws of 1979, is amended to read as
3 follows:
4 3. A majority of the [whole number of the members] appointed voting
5 membership of the board of directors shall constitute a quorum for the
6 transaction of any business or the exercise of any power of the corpo-
7 ration. The powers of the corporation shall be exercised, or may be
8 delegated to one or more directors, officers, agents or employees, by a
9 majority of the [whole number of the members] appointed voting member-
10 ship of the board of directors. No vote at such meeting shall be cast by
11 proxy. [For the purpose of this subdivision the words "whole number"
12 shall be construed to mean the total number which such board would have
13 were there no vacancies and were none of the members of such board
14 disqualified from acting.]
15 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD15867-01-8
