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New York · Through 2026-09-11

N.Y. Cooperative Corporations Law § 46: Proportionate voting

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Where this section sits in the code
  1. Cooperative Corporations Law
  2. Article 3. Members and Meetings

§ 46. Proportionate voting. A corporation incorporated under this

chapter may provide in its certificate of incorporation for

proportionate or unequal voting rights of all its members, based upon

the patronage of said members, which shall be exercised when and as

provided in the by-laws of the corporation, except that no members shall

be entitled to more than one vote in any case in which a statute

requires the affirmative vote of a majority or more of the members. The

certificate of incorporation shall state the method by which such

proportionate voting rights shall be determined and fixed.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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