N.Y. Banking Law § 6018: Cumulative voting

§ 6018. Cumulative voting. The organization certificate of any

corporation may provide that in all elections of directors of such

corporation each stockholder shall be entitled to as many votes as shall

equal the number of votes which, except for such provisions as to

cumulative voting, he would be entitled to cast for the election of

directors with respect to his shares multiplied by the number of

directors to be elected, and that he may cast all of such votes for a

single director or may distribute them among the number to be voted for,

or any two or more of them, as he may see fit, which right, when

exercised, shall be termed cumulative voting.