New York Quorum At Meeting Of Members.
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§ 608. Quorum at meeting of members.
(a) Members entitled to cast a majority of the total number of votes
entitled to be cast thereat shall constitute a quorum at a meeting of
members for the transaction of any business, provided that when a
specified item of business is required to be voted on by a class of
members, voting as a class, members entitled to cast a majority of the
total number of votes entitled to be cast by such class shall constitute
a quorum for the transaction of such specified items of business.
(b) The certificate of incorporation or the by-laws may provide for
any lesser quorum not less than the members entitled to cast one hundred
votes or one-tenth of the total number of votes entitled to be cast,
whichever is lesser, and may, under section 615 (Greater requirement as
to quorum and vote of members), provide for a greater quorum.
(c) Action to amend the certificate of incorporation or by-laws to
conform to paragraph (b) may be taken at a special meeting of members at
which the quorum requirements applicable to the corporation immediately
prior to the effective date of this chapter are fulfilled, but action
may be taken only once under this paragraph.
(d) The members present may adjourn the meeting despite the absence of
a quorum.
(e) If for any reason it has proved to be impractical or impossible
for a corporation to obtain a quorum in order to conduct a meeting of
its members in the manner prescribed by its certificate or by-laws or by
statute, then upon the petition of a director, officer or member on
notice to the attorney general or by the attorney general, the supreme
court may in its discretion dispense with the requirement as to quorums
that would otherwise be imposed by the corporation's certificate or
by-laws or by statute. The petition shall set forth the reasonable
efforts the corporation has made to obtain a quorum, including the
manner in which the corporation provided notice to its members of prior
meetings. The supreme court shall, in an order issued pursuant to this
section, provide for a method of notice reasonably designed to give
actual notice to all persons who would be entitled to notice of a
meeting held pursuant to the certificate or by-laws or the statute,
whether or not the method results in actual notice to all such persons
or conforms to the notice requirements that would otherwise apply. In a
proceeding under this section the court may determine who are the
members of the corporation.