Legal Question in Business Law in New York
Can board members of a non profit vote by proxy in New York?
Asked on 9/22/10, 9:18 am
1 Answer from Attorneys
Section 708 of the Not-For-Profit Corporation Law does not address vote by proxy of board members. Therefore the permission to vote by proxy has to come from the articles of organization of the bylaws. If the articles or the bylaws do not specifically address it then it is not allowed.
Roman R. Fichman, Esq.
www.TheLegalist.com
Disclaimer: This posting has been written for educational purposes only and was not meant to be legal advice and should not be construed as legal advice. You should always consult an attorney admitted to practice in your jurisdiction for specific advice.
Answered on 9/27/10, 9:28 am
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