{"data":{"id":"us-ny/n.y.-limited-liability-company-law-404","jurisdiction":"us-ny","citation":"N.Y. Limited Liability Company Law § 404","heading":"Quorum of members","body":"§ 404. Quorum of members. (a) Except as provided in the operating\nagreement, a majority in interest of the members entitled to vote shall\nconstitute a quorum at a meeting of members for the transaction of any\nbusiness, provided that when a specified item of business is required to\nbe voted on by a class of members voting as a class, a majority in\ninterest of the members of such class shall constitute a quorum for the\ntransaction of such specified item of business.\n  (b) The operating agreement may provide for a greater quorum or a\nlesser quorum, provided that such lesser quorum shall not be less than\none-third in interest of the members entitled to vote.\n  (c) When a quorum is once present to organize a meeting, it is not\nbroken by the subsequent withdrawal of any members.\n  (d) The members present may adjourn the meeting despite the absence of\na quorum.","path":["Limited Liability Company Law","Article 4. Management By Members or Managers"],"source_url":"https://legislation.nysenate.gov/api/3/laws/LLC/404","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"4d2ccb7e204a01ec42a56ac8025eaad5f01bb35ea1cc68dd09508f00049f2eed","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-limited-liability-company-law-403","next":"us-ny/n.y.-limited-liability-company-law-405"},"notice":"GroundRules: Original legal text. Not legal advice."}