N.Y. Insurance Law § 1215: Forfeiture of office by director or trustee of a domestic mutual insurer

§ 1215. Forfeiture of office by director or trustee of a domestic

mutual insurer. The office of a trustee or director of any domestic

mutual insurer shall immediately become vacant whenever he fails to

attend at least one regular meeting of the board of trustees or

directors in any period of eighteen consecutive months, or unless

excused by the board, which action shall be entered on the minutes, it

shall appear at the end of any calendar year that he failed to attend at

least one-half of such regular meetings held in such calendar year. A

trustee or director whose office becomes so vacant shall not be eligible

for election to such office until one year has elapsed from the date the

vacancy occurred.