New York § 404 - 404Quorum of members
Full text of New York New York Consolidated Laws § 404 — 404Quorum of members, with citation guidance and answers to common questions.
§ 404. 404Quorum of members
§ 404. Quorum of members. (a) Except as provided in the operating agreement, a majority in interest of the members entitled to vote shall constitute a quorum at a meeting of members for the transaction of any business, provided that when a specified item of business is required to be voted on by a class of members voting as a class, a majority in interest of the members of such class shall constitute a quorum for the transaction of such specified item of business. (b) The operating agreement may provide for a greater quorum or a lesser quorum, provided that such lesser quorum shall not be less than one-third in interest of the members entitled to vote. (c) When a quorum is once present to organize a meeting, it is not broken by the subsequent withdrawal of any members. (d) The members present may adjourn the meeting despite the absence of a quorum.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 404
What does New York Consolidated Laws § 404 cover?
Section 404 ("404Quorum of members") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 404?
A common citation format is "New York Consolidated Laws § 404" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 404 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.