Bill Text: NY S08579 | 2017-2018 | General Assembly | Introduced
Bill Title: Relates to the determination of a quorum for the transaction of business of the New York convention center operating corporation.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2018-06-19 - SUBSTITUTED BY A10685 [S08579 Detail]
Download: New_York-2017-S08579-Introduced.html
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"12shall be construed to mean the total number which such board would have13were there no vacancies and were none of the members of such board14disqualified 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