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Scpa 708 Form
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People also ask
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What is Section 707 of the Surrogate's Court Procedure Act?
New York Consolidated Laws, Surrogate's Court Procedure Act - SCP § 707. Eligibility to receive letters. (d) one who does not possess the qualifications required of a fiduciary by reason of substance abuse, dishonesty, improvidence, want of understanding, or who is otherwise unfit for the execution of the office.
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What is Section 708 B of the Business Corporation law of the state of New York?
Unless otherwise restricted by the certificate of incorporation or the by-laws, any action required or permitted to be taken by the board or any committee thereof may be taken without a meeting if all members of the board or the committee consent in writing to the adoption of a resolution authorizing the action.
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Do not for profits have conflict of interest in NY?
For example, New York law requires nonprofits to have a conflict of interest policy and the state law also provides guidance for drafting the policy, which must state that directors, officers and key employees are to act in the "best interest of the nonprofit." New York law also requires nonprofit boards to adopt a ...
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What is New York Business Corporation Law Section 702?
Section 702 - Number of directors (a) The number of directors constituting the entire board shall be not less than three.
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What is article 7 of the New York Not-For-Profit Corporation Law?
New York Not-For-Profit Corporation Law Article 7 - DIRECTORS AND OFFICERS. 701 - Board of Directors. (a) Except as otherwise provided in the certificate of incorporation, a corporation shall be managed by its board of directors.
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What is Section 708 of the New York Not for Profit Corporation Law?
New York Consolidated Laws, Not-For-Profit Corporation Law - NPC § 708. Action by the board. (a) Except as otherwise provided in this chapter, any reference in this chapter to corporate action to be taken by the board shall mean such action at a meeting of the board.
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