New York § 618 Cumulative voting

New York Statutes

§ 618 — Cumulative voting

New York § 618

Law BSCBusiness Corporation

Art. 6Shareholders

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Bluebook

N.Y. Business Corporation § 618 (2026).

Text

§ 618. Cumulative voting.\n  The certificate of incorporation of any corporation may provide that\nin all elections of directors of such corporation each shareholder shall\nbe entitled to as many votes as shall equal the number of votes which,\nexcept for such provisions as to cumulative voting, he would be entitled\nto cast for the election of directors with respect to his shares\nmultiplied by the number of directors to be elected, and that he may\ncast all of such votes for a single director or may distribute them\namong the number to be voted for, or any two or more of them, as he may\nsee fit, which right, when exercised, shall be termed cumulative voting.\n

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§ 618. Cumulative voting.\n The certificate of incorporation of any corporation may provide that\nin all elections of directors of such corporation each shareholder shall\nbe entitled to as many votes as shall equal the number of votes which,\nexcept for such provisions as to cumulative voting, he would be entitled\nto cast for the election of directors with respect to his shares\nmultiplied by the number of directors to be elected, and that he may\ncast all of such votes for a single director or may distribute them\namong the number to be voted for, or any two or more of them, as he may\nsee fit, which right, when exercised, shall be termed cumulative voting.\n