New York Statutes

§ 63 — Removal of directors

New York·Law CCO Cooperative Corporations·Art. 4 Directors, Officers and Employees
§ 63. Removal of directors. Any member may bring charges against a\ndirector by filing them in writing with the secretary, together with a\npetition signed by five per centum of the members, requesting removal.\nThe corporation may thereupon remove the director by the affirmative\nvote of three-fourths of the members voting thereon at a meeting\npromptly held after due notice in writing setting forth accurately the\npurpose for which such meeting is called, provided that at such meeting\nnot less than ten per centum of the entire membership vote, personally\nor by mail. The director involved shall be given a copy of the charges\nreasonably in advance of the meeting, and he and the complainant shall\nhave an opportunity at the meeting to be heard in person or by counsel\nand to present an

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Related

Smith v. Snowden
156 A.D.2d 693 (Appellate Division of the Supreme Court of New York, 1989)
1 case citations
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