N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 502-A – Special provisions with regard to the western regional off-track betting corporation
* § 502-a. Special provisions with regard to the western regional off-track betting corporation. 1. Notwithstanding any inconsistent provision of this article, on the effective date of this section the appointments of all members of the western regional off-track betting corporation appointed prior to the effective date of this section are deemed terminated, and each such vacant board position shall be replaced with the new appointments made pursuant to this section.
Terms Used In N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 502-A
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Quorum: The number of legislators that must be present to do business.
2. The western regional off-track betting corporation board of directors shall be composed of seventeen members, one each to represent each participating county within the western off-track betting region, and one each to represent the city of Rochester and the city of Buffalo. Each city representative shall be appointed by the mayor of the city such member represents, and each county representative shall be appointed by the county executive of the county such member represents; provided however, in the case of a county that does not have a county executive, such county's board of supervisors shall appoint such county's representative.
3. No action shall be taken by the corporation except pursuant to the favorable vote of fifty-one percent of the total authorized voting strength of the board of directors. The total authorized voting strength of the board of directors shall be the sum total of the votes specified in subdivisions four and seven of this section.
4. The representatives of each of the participating counties and cities shall each have the following number of votes: the representative of the county of Niagara shall have eight votes, the representative of the county of Chautauqua shall have five votes, the representative of the county of Oswego shall have four votes, the representative of the county of Steuben shall have three votes, the representative of the county of Wayne shall have three votes, the representative of the county of Cattaraugus shall have three votes, the representative of the county of Cayuga shall have three votes, the representative of the county of Livingston shall have two votes, the representative of the county of Genesee shall have two votes, the representative of the county of Wyoming shall have one vote, the representative of the county of Orleans shall have one vote, the representative of the county of Seneca shall have one vote, the representative of the county of Schuyler shall have one vote, the representative of the county of Erie shall have twenty-four votes, the representative of the county of Monroe shall have twenty votes, the representative of the city of Buffalo shall have ten votes, and the representative of the city of Rochester shall have eight votes.
5. Each member of the corporation appointed pursuant to this section shall be appointed for a term of four years; provided however, that a member's term shall not be terminated except for good cause shown.
6. Members representing a majority of the total voting strength of the board of directors then in office shall constitute a quorum for the transaction of any business or the exercise of any power of the corporation. Except as otherwise specified in this section, for the transaction of any business or the exercise of any power of the corporation, the corporation shall have the power to act by a majority vote of the total voting strength present at any meeting at which a quorum is in attendance.
7. The members of the board of directors shall elect from their membership, by a majority vote of the total voting strength of the board of directors, a chairperson. Such chairperson shall serve as chairperson for the duration of their term on the board of directors, or until such chairperson's resignation or upon removal by a majority vote of the total voting strength of the board of directors. In addition to such chairperson's voting strength possessed by virtue of such chairperson's representation of a municipality which is a member of the board, such chairperson shall also have one additional vote.
* NB Repealed May 3, 2027