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 Laws of New York (Last Updated: November 21, 2014)
  BNK Banking
 Article XV. General Provisions Applicable to Banking Stock Corporations, Limited Liability Investment Companies, and Limited Liability Trust Companies Title 1. Definitions; Application; Certificates; Miscellaneous. 2. Corporate powers. 3. Corporate name. 4. Formation of corporations. 5. Corporate finance. 5-A. Limited liability investment company or limited liability trust company finance. 6. Stockholders. 6-A. Membership in a limited liability investment company or a limited liability trust company. 7. Directors and officers. 8. Amendments and changes.
 Title 6. Stockholders

  Section 6018. Cumulative voting  

Latest version. 
  • 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.