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Statutes » New York » BSC Law » Article 6

N.Y. BSC Law § 608

This is the official text of N.Y. BSC Law § 608, part of New York’s BSC Law — part of the compiled statutory law of New York, published by the state as "BSC Law." Browse the sections below, each linked to its official government source.

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Quorum of shareholders

Official statutory text

§ 608. Quorum of shareholders.\n (a) The holders of a majority of the votes of shares entitled to vote\nthereat shall constitute a quorum at a meeting of shareholders for the\ntransaction of any business, provided that when a specified item of\nbusiness is required to be voted on by a particular class or series of\nshares, voting as a class, the holders of a majority of the votes of\nshares of such class or series shall constitute a quorum for the\ntransaction of such specified item of business.\n (b) The certificate of incorporation or by-laws may provide for any\nlesser quorum not less than one-third of the votes of shares entitled to\nvote, and the certificate of incorporation may, under section 616\n(Greater requirement as to quorum and vote of shareholders), provide for\na greater quorum.\n (c) When a quorum is once present to organize a meeting, it is not\nbroken by the subsequent withdrawal of any shareholders.\n (d) The shareholders present may adjourn the meeting despite the\nabsence of a quorum.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.