Statute · New York Not-for-Profit Corporation Law
N.Y. Not-for-Profit Corp. Law § 707 — Quorum of directors
N.Y. Not-for-Profit Corp. Law § 707
- Type
- Statute
- Source
- New York Not-for-Profit Corporation Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 707. Quorum of directors.
Citator
N.Y. Not-for-Profit 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 this chapter or by the certificate of incorporation or by a by-law adopted by the members, 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, provided that in the case of a board of fifteen members or less the quorum shall be at least one-third of the entire number of members and in the case of a board of more than fifteen members the quorum shall be at least five members plus one additional member for every ten members (or fraction thereof) in excess of fifteen.