Banking Law § 6017 · Title 6. Stockholders
Voting by class or classes of shares
Text — Law content up to date as of January 9, 2026, as published by the New York State Senate (Open Legislation)
§ 6017. Voting by class or classes of shares. 1. The organization certificate may contain provisions specifying that any class or classes of shares or of any series thereof shall vote as a class in connection with the transaction of any business or of any specified item of business at a meeting of stockholders, including amendments to the organization certificate.
2. Where voting as a class is provided in the organization certificate, it shall be by the proportionate vote so provided or, if no proportionate vote is provided, in the election of directors, by a plurality of the votes cast at such meeting by the holders of shares of such class entitled to vote in the election, or for any other corporate action, by a majority of the votes cast at such meeting by the holders of shares of such class entitled to vote thereon.
3. Such voting by class shall be in addition to any other vote, including vote by class, required by this chapter and by the organization certificate as permitted by this article.
Source of truth
- Edition
- Law content up to date as of January 9, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/BNK6017
- Text hash
- sha256 e67b5bc50d71dbe7a93a4c0d0bb8d62542269585113391e1bcb71b8d8c911b13
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
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