N.Y. Religious Corporations Law 425 – Meeting for incorporation
§ 425. Meeting for incorporation. 1. At the meeting for incorporation held in pursuance of such notice, only qualified voters shall be eligible to vote.
Terms Used In N.Y. Religious Corporations Law 425
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
- Quorum: The number of legislators that must be present to do business.
- Trustee: A person or institution holding and administering property in trust.
2. The presence of a majority of such qualified voters, at least six in number, shall be necessary to constitute a quorum of such meeting. The action of the meeting upon any matter or question shall be decided by a majority of the qualified voters thereon. The quorum shall not be less than six persons.
3. The first named of the following persons who is present at such meeting shall preside thereat, to wit: Any executive officer of the New York district of the Assemblies of God or delegated representative thereof, the minister of the church or the officiating minister thereof. The meeting shall be called to order by the presiding officer. There shall be elected to such meeting a clerk to keep the record of the proceedings of the meeting, and two inspectors of election to receive the ballots cast.
4. The presiding officer of the meeting shall be the judge of the qualifications of voters. The presiding officer and the inspectors of election shall decide the results of the ballots cast on any matter.
5. Such meeting shall decide whether such unincorporated church shall become incorporated. If such decision shall be in favor of incorporation, such meeting shall decide upon the name of the proposed corporation, the names of the first three trustees thereof, and shall determine the date, not more than fifteen months thereafter, on which the first annual election of the trustees thereof after such meeting shall be held. Such meeting shall elect from the persons qualified to vote at such meeting one trustee who shall hold office until the first annual election of trustees thereafter, a second trustee to hold office until the second annual election of trustees thereafter, and a third trustee to hold office until the third annual election of trustees thereafter. The trustees shall hold office until their successors are elected.
6. At the meeting for incorporation a constitution and by-laws may be adopted except it shall not conflict with: (a) the duly adopted constitution and by-laws of the general council of the Assemblies of God, (b) the duly adopted constitution and by-laws of the New York district of the Assemblies of God, and (c) the provisions of this article or this chapter.