A 3901 New York Assembly · 2017 Regular Session

Governs election of board by residents of cooperatives and condominiums

Summary
Requires that the board of directors or board of managers of a converted cooperative or condominium, as the case may be, must be comprised of a majority of members elected by shareholders or owners in occupancy so that control of the converted cooperative or condominium is turned over to the unit owners as soon as possible; applies only to plans of 20 or more units.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2017
Committee Review
Floor Vote
Governor
Introduced Jan 30, 2017 Last action Jan 3, 2018
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 3, 2018
Assembly · Referred to committee
REFERRED TO HOUSING
Jan 30, 2017
Assembly · Referred to committee
REFERRED TO HOUSING
1 primary · 1 co-sponsor

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