ยง 6008. Quorum of stockholders. 1. The holders of a majority of the
shares entitled to vote thereat shall constitute a quorum at a meeting
of stockholders for the transaction of any business, provided that when
a specified item of business is required to be voted on by a class or
series, voting as a class, the holders of a majority of the shares of
such class or series shall constitute a quorum for the transaction of
such specified item of business.
2. The organization certificate or by-laws may provide for any lesser
quorum not less than one-third of the shares entitled to vote, and the
organization certificate may, under section six thousand sixteen,
provide for a greater quorum.
3. When a quorum is once present to organize a meeting, it is not
broken by the subsequent withdrawal of any stockholders.
4. The stockholders present may adjourn the meeting despite the
absence of a quorum.
Structure New York Laws
6002 - Meetings of Stockholders.
6003 - Special Meeting for Election of Directors.
6005 - Notice of Meetings of Stockholders.
6007 - List of Stockholders at Meetings.
6008 - Quorum of Stockholders.
6010 - Selection of Inspectors at Stockholders' Meetings.
6011 - Duties of Inspectors at Stockholders' Meetings.
6012 - Qualification of Voters.
6013 - Limitations on Right to Vote.
6015 - Written Consent of Stockholders, Subscribers or Incorporators Without a Meeting.
6016 - Greater Requirement as to Quorum and Vote of Stockholders.
6017 - Voting by Class or Classes of Shares.
6019 - Powers of Supreme Court Respecting Elections.
6020 - Agreements as to Voting.
6022 - Procedure to Enforce Stockholder's Right to Receive Payment for Shares.
6023 - Books and Records; Right of Inspection, Prima Facie Evidence.
6024 - Infant Securityholders.
6029 - Liability of Stockholders for Wages Due to Laborers, Servants or Employees.