N.Y. NPC Law § 705
This is the official text of N.Y. NPC Law § 705, part of New York’s NPC Law — part of the compiled statutory law of New York, published by the state as "NPC Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Newly created directorships and vacancies
Official statutory text
§ 705. Newly created directorships and vacancies.\n (a) Newly created directorships resulting from an increase in the\nnumber of directors elected or appointed at large, and vacancies among\nsuch directors for any reason, may be filled by vote of a majority of\nthe directors then in office, regardless of their number, unless the\ncertificate of incorporation or the by-laws provide that such newly\ncreated directorships or vacancies shall be filled by vote of the\nmembers.\n (b) Vacancies among directors elected or appointed by special\ndistricts or membership sections, or by bondholders voting as a class,\nshall be filled by action of the persons entitled to vote thereon;\nexcept that, if a vacancy remains unfilled for six months after it\noccurs, and by reason of the absence, illness, or other inability of one\nor more of the remaining directors a quorum of the board cannot be\nobtained, the remaining directors, or a majority of them, may appoint a\ndirector to fill such vacancy.\n (c) Unless otherwise provided in the certificate of incorporation or\nbylaws, a director elected or appointed to fill a vacancy in an\nunexpired term shall hold office until the end of the term which the\ndirector was elected or appointed to fill, or for a term to be\ndetermined by the board which ends at an annual meeting, subject to the\nlimitations on terms of office in paragraph (b) of section seven hundred\nthree of this article, and until his successor is elected or appointed\nand qualified.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
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.