N.Y. Religious Corporations Law 474 – Meeting for incorporation
§ 474. 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 474
- Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
- 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.
2. The presence of one-third of the qualified voters or six qualified voters, whichever number is higher, 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 present.
3. The minister of the church, or if none, the officiating minister, shall act as presiding officer of the meeting to incorporate. The presiding officer shall call the meeting to order and shall be the judge of the qualification of voters.
4. Such meeting shall decide by ballot whether the church shall be incorporated, the name of the proposed corporation, the names of the initial trustees, and the date, not more than fifteen months thereafter, on which the first annual election or affirmation of the trustees thereof after such meeting shall be held. The trustees shall hold office until their successors are elected or affirmed.
5. At the meeting for incorporation, a constitution and by-laws shall be adopted setting forth a form of church governance that is consistent with section four hundred seventy-five of this article.