State Codes and Statutes

Statutes > New-york > Bsc > Article-6 > 617

§ 617. Voting by class or classes of shares.    (a) The certificate of incorporation may contain provisions specifying  that  any class or classes of shares or of any series thereof shall vote  as a class in connection with the transaction of any business or of  any  specified  item  of  business  at  a  meeting of shareholders, including  amendments to the certificate of incorporation.    (b) Where voting  as  a  class  is  provided  in  the  certificate  of  incorporation,  it shall be by the proportionate vote so provided or, if  no proportionate vote is provided, in the election of  directors,  by  a  plurality  of the votes cast at such meeting by the holders of shares of  such class entitled to vote in the election, or for any other  corporate  action,  by  a majority of the votes cast at such meeting by the holders  of shares of such class entitled to vote thereon.    (c) Such voting by class shall be  in  addition  to  any  other  vote,  including vote by class, required by this chapter and by the certificate  of incorporation as permitted by this chapter.

State Codes and Statutes

Statutes > New-york > Bsc > Article-6 > 617

§ 617. Voting by class or classes of shares.    (a) The certificate of incorporation may contain provisions specifying  that  any class or classes of shares or of any series thereof shall vote  as a class in connection with the transaction of any business or of  any  specified  item  of  business  at  a  meeting of shareholders, including  amendments to the certificate of incorporation.    (b) Where voting  as  a  class  is  provided  in  the  certificate  of  incorporation,  it shall be by the proportionate vote so provided or, if  no proportionate vote is provided, in the election of  directors,  by  a  plurality  of the votes cast at such meeting by the holders of shares of  such class entitled to vote in the election, or for any other  corporate  action,  by  a majority of the votes cast at such meeting by the holders  of shares of such class entitled to vote thereon.    (c) Such voting by class shall be  in  addition  to  any  other  vote,  including vote by class, required by this chapter and by the certificate  of incorporation as permitted by this chapter.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Bsc > Article-6 > 617

§ 617. Voting by class or classes of shares.    (a) The certificate of incorporation may contain provisions specifying  that  any class or classes of shares or of any series thereof shall vote  as a class in connection with the transaction of any business or of  any  specified  item  of  business  at  a  meeting of shareholders, including  amendments to the certificate of incorporation.    (b) Where voting  as  a  class  is  provided  in  the  certificate  of  incorporation,  it shall be by the proportionate vote so provided or, if  no proportionate vote is provided, in the election of  directors,  by  a  plurality  of the votes cast at such meeting by the holders of shares of  such class entitled to vote in the election, or for any other  corporate  action,  by  a majority of the votes cast at such meeting by the holders  of shares of such class entitled to vote thereon.    (c) Such voting by class shall be  in  addition  to  any  other  vote,  including vote by class, required by this chapter and by the certificate  of incorporation as permitted by this chapter.