New York Business Corporation Law Section 707 - Quorum of directors.

707. Quorum of directors.

Unless a greater proportion is required by the certificate of incorporation, 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 but not less than one-third thereof.


Last modified: February 3, 2019