There shall be no preemptive rights in relation to membership
certificates or cards, capital certificates, subvention certificates, or
bonds. In the case of bonds having lawful voting rights, this section
shall not invalidate otherwise valid contract provisions designed to
protect such voting rights.
Structure New York Laws
NPC - Not-For-Profit Corporation
604 - Special Meeting for Election of Directors.
605 - Notice of Meeting of Members.
607 - List or Record of Members at Meetings.
608 - Quorum at Meeting of Members.
610 - Selection of Inspectors at Meetings of Members; Duties.
612 - Limitations on Right to Vote.
614 - Action by Members Without a Meeting.
615 - Greater Requirement as to Quorum and Vote of Members.
616 - Voting by Class of Members.
618 - Power of Supreme Court Respecting Elections.
619 - Agreements by Members as to Voting.
621 - Books and Records; Right of Inspection; Prima Facie Evidence.