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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. New York Lawyers
Last modified: August 9, 2006 |