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NY S08579
Bill
Status
5/10/2018
Primary Sponsor
Brad Hoylman-Sigal
Click for details
AI Summary
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Amends Public Authorities Law Section 2562 to change the quorum requirement for the New York Convention Center Operating Corporation board of directors from "whole number of members" to "appointed voting membership"
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Replaces the definition of "whole number" (which counted positions as if there were no vacancies or disqualifications) with actual appointed voting members present
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Maintains the requirement that a majority of the board constitute a quorum for conducting business and exercising corporate powers
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Continues the prohibition on proxy voting at board meetings
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Takes effect immediately upon enactment
Legislative Description
Relates to the determination of a quorum for the transaction of business of the New York convention center operating corporation.
Last Action
SUBSTITUTED BY A10685
6/19/2018