N.Y. Business Corporation Law § 707: Quorum of directors

§ 707. Quorum of directors.

Unless a greater proportion is required by the certificate of

incorporation, a majority of the entire board shall constitute a quorum

for the transaction of business or of any specified item of business,

except that the certificate of incorporation or the by-laws may fix the

quorum at less than a majority of the entire board but not less than

one-third thereof.