New York § 6013 Limitations on right to vote

New York Statutes

§ 6013 — Limitations on right to vote

New York § 6013

Law BNKBanking

Title 6Stockholders

Art. 15General Provisions Applicable to Banking Stock Corporations, Limited Liability Investment Companies, and Limited Liability Trust Companies

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Bluebook

N.Y. Banking § 6013 (2026).

Text

  § 6013. Limitations on right to vote. The organization certificate may\nprovide, except as limited by section five thousand one, either\nabsolutely or conditionally, that the holders of any designated class or\nseries of shares shall not be entitled to vote, or it may otherwise\nlimit or define the respective voting powers of the several classes or\nseries of shares, and, except as otherwise provided in this chapter,\nsuch provisions of such certificate shall prevail, according to their\ntenor, in all elections and in all proceedings, over the provisions of\nthis chapter which authorize any action by the stockholders.\n

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§ 6013. Limitations on right to vote. The organization certificate may\nprovide, except as limited by section five thousand one, either\nabsolutely or conditionally, that the holders of any designated class or\nseries of shares shall not be entitled to vote, or it may otherwise\nlimit or define the respective voting powers of the several classes or\nseries of shares, and, except as otherwise provided in this chapter,\nsuch provisions of such certificate shall prevail, according to their\ntenor, in all elections and in all proceedings, over the provisions of\nthis chapter which authorize any action by the stockholders.\n