State Codes and Statutes

Statutes > New-york > Rel > Article-2 > 17

§ 17.  Meetings  of members. (a) An annual meeting of the members of a  cooperative shall be held at such time and place as shall be provided in  the by-laws.    (b) Special meetings of the members may be called by the president, by  the board of directors, by any three directors, or by not less than  ten  per centum of the members.    (c)  Except  as  otherwise provided in this chapter written or printed  notice stating the time and place of each meeting of the members and, in  the case of a special meeting, the purpose or  purposes  for  which  the  meeting  is  called, shall be given to each member, either personally or  by mail, not less than ten days nor more than  twenty-five  days  before  the  date  of  the meeting. If mailed, such notice shall be deemed to be  given when deposited in the United  States  mail  with  postage  prepaid  addressed  to  the member at his address as it appears on the records of  the cooperative.    (d) Unless the by-laws prescribe the presence of a greater  percentage  or  number  of the members for a quorum, a quorum for the transaction of  business at all meetings of the members of a cooperative having not more  than one thousand members, shall be five  per  centum  of  all  members,  present  in  person,  and of a cooperative having more than one thousand  members, shall be fifty members, present  in  person.  If  less  than  a  quorum  is present at any meeting, a majority of those present in person  may adjourn the meeting from time to time without further notice.    (e) Each member shall be entitled to one vote on each matter submitted  to a vote at a meeting of the members. Voting shall be in  person,  but,  if  the by-laws so provide, may also be by proxy or by mail, or both. If  the by-laws provide for voting by proxy or  by  mail,  they  shall  also  prescribe  the conditions under which such voting shall be permitted. No  person shall vote as proxy for more than three members at any meeting of  the members.

State Codes and Statutes

Statutes > New-york > Rel > Article-2 > 17

§ 17.  Meetings  of members. (a) An annual meeting of the members of a  cooperative shall be held at such time and place as shall be provided in  the by-laws.    (b) Special meetings of the members may be called by the president, by  the board of directors, by any three directors, or by not less than  ten  per centum of the members.    (c)  Except  as  otherwise provided in this chapter written or printed  notice stating the time and place of each meeting of the members and, in  the case of a special meeting, the purpose or  purposes  for  which  the  meeting  is  called, shall be given to each member, either personally or  by mail, not less than ten days nor more than  twenty-five  days  before  the  date  of  the meeting. If mailed, such notice shall be deemed to be  given when deposited in the United  States  mail  with  postage  prepaid  addressed  to  the member at his address as it appears on the records of  the cooperative.    (d) Unless the by-laws prescribe the presence of a greater  percentage  or  number  of the members for a quorum, a quorum for the transaction of  business at all meetings of the members of a cooperative having not more  than one thousand members, shall be five  per  centum  of  all  members,  present  in  person,  and of a cooperative having more than one thousand  members, shall be fifty members, present  in  person.  If  less  than  a  quorum  is present at any meeting, a majority of those present in person  may adjourn the meeting from time to time without further notice.    (e) Each member shall be entitled to one vote on each matter submitted  to a vote at a meeting of the members. Voting shall be in  person,  but,  if  the by-laws so provide, may also be by proxy or by mail, or both. If  the by-laws provide for voting by proxy or  by  mail,  they  shall  also  prescribe  the conditions under which such voting shall be permitted. No  person shall vote as proxy for more than three members at any meeting of  the members.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Rel > Article-2 > 17

§ 17.  Meetings  of members. (a) An annual meeting of the members of a  cooperative shall be held at such time and place as shall be provided in  the by-laws.    (b) Special meetings of the members may be called by the president, by  the board of directors, by any three directors, or by not less than  ten  per centum of the members.    (c)  Except  as  otherwise provided in this chapter written or printed  notice stating the time and place of each meeting of the members and, in  the case of a special meeting, the purpose or  purposes  for  which  the  meeting  is  called, shall be given to each member, either personally or  by mail, not less than ten days nor more than  twenty-five  days  before  the  date  of  the meeting. If mailed, such notice shall be deemed to be  given when deposited in the United  States  mail  with  postage  prepaid  addressed  to  the member at his address as it appears on the records of  the cooperative.    (d) Unless the by-laws prescribe the presence of a greater  percentage  or  number  of the members for a quorum, a quorum for the transaction of  business at all meetings of the members of a cooperative having not more  than one thousand members, shall be five  per  centum  of  all  members,  present  in  person,  and of a cooperative having more than one thousand  members, shall be fifty members, present  in  person.  If  less  than  a  quorum  is present at any meeting, a majority of those present in person  may adjourn the meeting from time to time without further notice.    (e) Each member shall be entitled to one vote on each matter submitted  to a vote at a meeting of the members. Voting shall be in  person,  but,  if  the by-laws so provide, may also be by proxy or by mail, or both. If  the by-laws provide for voting by proxy or  by  mail,  they  shall  also  prescribe  the conditions under which such voting shall be permitted. No  person shall vote as proxy for more than three members at any meeting of  the members.