Statute · New York Not-for-Profit Corporation Law
N.Y. Not-for-Profit Corp. Law § 702 — Number of directors
N.Y. Not-for-Profit Corp. Law § 702
- Type
- Statute
- Source
- New York Not-for-Profit Corporation Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 702. Number of directors.
Citator
N.Y. Not-for-Profit Corp. Law § 702 — Number of directors is in force in the current edition of the Code, and nothing recorded condemns it.
§ 702. Number of directors.
(a) The number of directors constituting the entire board shall be not less than three. Subject to such limitation, such number may be fixed by the by-laws or by action of the members or of the board under the specific provisions of a by-law allowing such action, or by any number within a range set forth in the by-laws. If not otherwise fixed under this paragraph, the number shall be three.
(b) The number of directors may be increased or decreased by amendment of the by-laws or by action of the members, or of the board under the specific provisions of a by-law, subject to the following limitations:
(1) If the board is authorized by the by-laws to change the number of directors, whether by amending the by-laws or by taking action under the specific provisions of a by-law, such amendment or action shall require the vote of a majority of the entire board.
(2) No decrease shall shorten the term of any incumbent director.