(a) Directors shall, except as otherwise required by this chapter or
by the by-laws or certificate of incorporation as permitted by this
chapter, be elected by a plurality of the votes cast at a meeting of
shareholders by the holders of shares entitled to vote in the election.
(b) Whenever any corporate action, other than the election of
directors, is to be taken under this chapter by vote of the
shareholders, it shall, except as otherwise required by this chapter or
by the certificate of incorporation as permitted by this chapter or by
the specific provisions of a by-law adopted by the shareholders, be
authorized by a majority of the votes cast in favor of or against such
action at a meeting of shareholders by the holders of shares entitled to
vote thereon. Except as otherwise provided in the certificate of
incorporation or the specific provision of a by-law adopted by the
shareholders, an abstention shall not constitute a vote cast.
Structure New York Laws
602 - Meetings of Shareholders.
603 - Special Meeting for Election of Directors.
605 - Notice of Meetings of Shareholders.
607 - List of Shareholders at Meetings.
610 - Selection of Inspectors at Shareholders' Meetings.
611 - Duties of Inspectors at Shareholders' Meetings.
612 - Qualification of Voters.
613 - Limitations on Right to Vote.
615 - Written Consent of Shareholders, Subscribers or Incorporators Without a Meeting.
616 - Greater Requirement as to Quorum and Vote of Shareholders.
617 - Voting by Class or Classes of Shares.
619 - Powers of Supreme Court Respecting Elections.
620 - Agreements as to Voting; Provision in Certificate of Incorporation as to Control of Directors.
621 - Voting Trust Agreements.
623 - Procedure to Enforce Shareholder's Right to Receive Payment for Shares.
624 - Books and Records; Right of Inspection, Prima Facie Evidence.
625 - Infant Shareholders and Bondholders.
628 - Liability of Subscribers and Shareholders.
629 - Certain Transfers or Assignments by Shareholders or Subscribers; Effect.
630 - Liability of Shareholders for Wages Due to Laborers, Servants or Employees.