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The Laws of New York
Consolidated Laws of New York
CHAPTER 35
Not-for-Profit Corporation
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ARTICLE 6
Members
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CHAPTER 35
Not-for-Profit Corporation
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ARTICLE 8
Amendments and Changes
This entry was published on 2019-11-15
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ARTICLE 7
Directors and Officers
Not-for-Profit Corporation (NPC) CHAPTER 35
SECTION 701
Board of directors
SECTION 702
Number of directors
SECTION 703
Election and term of office of directors; alternates
SECTION 704
Classification of directors
SECTION 705
Newly created directorships and vacancies
SECTION 706
Removal of directors
SECTION 707
Quorum of directors
SECTION 708
Action by the board
SECTION 709
Greater requirement as to quorum and vote of directors
SECTION 710
Place and time of meetings of the board
SECTION 711
Notice of meetings of the board
SECTION 712
Executive committee and other committees
SECTION 712-A
Audit oversight
SECTION 713
Officers
SECTION 714
Removal of officers
SECTION 715
Related party transactions
SECTION 715-A
Conflict of interest policy
SECTION 715-B
Whistleblower policy
SECTION 716
Loans to directors, officers and key persons
SECTION 717
Duty of directors, officers and key persons
SECTION 718
List of directors, officers and key persons
SECTION 719
Liability of directors in certain cases
SECTION 720
Actions against directors, officers and key persons
SECTION 720-A
Liability of directors, officers, trustees and key persons
SECTION 721
Nonexclusivity of statutory provisions for indemnification of directors and officers
SECTION 722
Authorization for indemnification of directors and officers
SECTION 723
Payment of indemnification other than by court award
SECTION 724
Indemnification of directors and officers by a court
SECTION 725
Other provisions affecting indemnification of directors and officers
SECTION 726
Insurance for indemnification of directors and officers
ARTICLE 7

DIRECTORS AND OFFICERS
Section 701. Board of directors.

702. Number of directors.

703. Election and term of office of directors; alternates.

704. Classification of directors.

705. Newly created directorships and vacancies.

706. Removal of directors.

707. Quorum of directors.

708. Action by the board.

709. Greater requirement as to quorum and vote of directors.

710. Place and time of meetings of the board.

711. Notice of meetings of the board.

712. Executive committee and other committees.

712-a. Audit oversight.

713. Officers.

714. Removal of officers.

715. Related party transactions.

715-a. Conflict of interest policy.

715-b. Whistleblower policy.

716. Loans to directors, officers and key persons.

717. Duty of directors, officers and key persons.

718. List of directors, officers and key persons.

719. Liability of directors in certain cases.

720. Actions against directors, officers and key persons.

720-a. Liability of directors, officers, trustees and key

persons.

721. Nonexclusivity of statutory provisions for

indemnification of directors and officers.

722. Authorization for indemnification of directors and

officers.

723. Payment of indemnification other than by court award.

724. Indemnification of directors and officers by a court.

725. Other provisions affecting indemnification of directors

and officers.

726. Insurance for indemnification of directors and officers.