Tag: Articles of association

Q&A Q&A: Do We Need an Actual Quorum?
2015 November Q&A: Do We Need an Actual Quorum?

Q. We are a cooperative that falls under the purview of the New York State Business Corporation Law. Is there a law in there allowing us to conduct a meeting without a quorum having been reached? We need more than 50% of the vote and cert…

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Q&A Q&A: No Election, No Quorum?
2014 February Q&A: No Election, No Quorum?

What happens when there is no quorum at a shareholders meeting and therefore there is no election for new board members? The same board has remained in my co-op for many, many years without a chance for us to vote them out. Isn't there a la…

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Q&A Q&A: No Quorum?
2010 Jan Q&A: No Quorum?

Q Is there a law allowing us to conduct a meeting without a quorum reached? We need more than 50 percent of the vote and certain shareholders refuse to attend the meetings. We don’t have a co-op board and can not elect one. The old b…

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Q&A Q&A: Board Ignoring Quorum
2008 July Q&A: Board Ignoring Quorum

Q Our co-op has not had an election for the board since 2004. Many shareholders rent their units and are concerned that the sponsor has two seats on the board and owns/runs the management company and rental office from here. The problem i…

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