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NYS Remote Shareholder Bill – A.1567/S.5793

Staff Contact: Ken Pokalsky
June 15, 2009

Note:

Attached you will find an update version of The Business Council opposition memo to A.1567/S.5793.

This bill would require certain corporations to permit shareholders to attend meetings via remote communication and to be deemed present for voting purposes. This bill passed the NYS Assembly on June 8, 2009 by a vote of 111-34 and is in the Senate Rules Committee. If you have any questions, please contact me at any time.

Thank you.