2006 New York Code - Quorum Of Stockholders.

 
    § 6008.  Quorum  of  stockholders. 1. The holders of a majority of the
  shares entitled to vote thereat shall constitute a quorum at  a  meeting
  of  stockholders for the transaction of any business, provided that when
  a specified item of business is required to be voted on by  a  class  or
  series,  voting  as  a class, the holders of a majority of the shares of
  such class or series shall constitute a quorum for  the  transaction  of
  such specified item of business.
    2.  The organization certificate or by-laws may provide for any lesser
  quorum not less than one-third of the shares entitled to vote,  and  the
  organization  certificate  may,  under  section  six  thousand  sixteen,
  provide for a greater quorum.
    3. When a quorum is once present to organize  a  meeting,  it  is  not
  broken by the subsequent withdrawal of any stockholders.
    4.  The  stockholders  present  may  adjourn  the  meeting despite the
  absence of a quorum.