§ 613. Limitations on right to vote.\n The certificate of incorporation may provide, except as limited by\nsection 501 (Authorized shares), either absolutely or conditionally,\nthat the holders of any designated class or series of shares shall not\nbe entitled to vote, or it may otherwise limit or define the respective\nvoting powers of the several classes or series of shares, and, except as\notherwise provided in this chapter, such provisions of such certificate\nshall prevail, according to their tenor, in all elections and in all\nproceedings, over the provisions of this chapter which authorizes any\naction by the shareholders.\n
N.Y. Bus. Corp. Law § 613
Limitations on right to vote
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.