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New York Business Corporations Law Section 701 - Board Of Directors.

Legal Research Home > New York Lawyer > Business Corporations > New York Business Corporations Law Section 701 - Board Of Directors.

  § 701. Board of directors.
    Subject   to   any  provision  in  the  certificate  of  incorporation
  authorized by paragraph (b) of section 620  (Agreements  as  to  voting;
  provision in certificate of incorporation as to control of directors) or
  by   paragraph  (b)  of  section  715  (Officers),  the  business  of  a
  corporation shall be  managed  under  the  direction  of  its  board  of
  directors,  each  of  whom  shall be at least eighteen years of age. The
  certificate  of  incorporation  or  the  by-laws  may  prescribe   other
  qualifications for directors.

Last modified: August 10, 2006