Statute · New York Business Corporation Law
N.Y. Bus. Corp. Law § 707 — Quorum of directors
N.Y. Bus. Corp. Law § 707
- Type
- Statute
- Source
- New York Business Corporation Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 707. Quorum of directors.
Citator
N.Y. Bus. Corp. Law § 707 — Quorum of directors is in force in the current edition of the Code, and nothing recorded condemns it.
§ 707. Quorum of directors.
Unless a greater proportion is required by the certificate of incorporation, a majority of the entire board shall constitute a quorum for the transaction of business or of any specified item of business, except that the certificate of incorporation or the by-laws may fix the quorum at less than a majority of the entire board but not less than one-third thereof.