NY Educ L § 226 (2021)
2021 New York Laws EDN - Education Title 1 - General Provisions Article 5 - University of the State of New York Part 1 - General Organization 226 - Powers of Trustees of Institutions.

§ 226. Powers  of  trustees  of  institutions.  The  trustees of every   corporation created by the regents, unless otherwise provided by law  or   by its charter, may:1.  Number  and quorum. Fix the term of office and number of trustees,   which shall not exceed twenty-five,  nor  be  less  than  five.  If  any   institution  has  more  than  five  trustees, the body that elects, by a   two-thirds vote after notice of the proposed action in the  call  for  a   meeting,  may  reduce the number to not less than five by abolishing the   office of any trustee which is vacant and filing in the regents'  office   a  certified copy of the action. A majority of the whole number shall be   a quorum.2. Executive committee. Elect an executive committee of not less  than   five,  who,  in intervals between meetings of the trustees, may transact   such business of the corporation as the trustees may  authorize,  except   to grant degrees or to make removals from office.3.  Meetings  and  seniority.  Meet  on  their own adjournment or when   required by their by-laws, and as often as they  shall  be  summoned  by   their  chairman,  or  in  his  absense by the senior trustee, on written   request of three trustees. Seniority shall be according to the order  in   which  the  trustees  are  named in the charter or subsequently elected.   Notice of the time and place of every meeting shall be mailed  not  less   than five nor more than ten days before the meeting to the usual address   of every trustee.4.  Vacancies  and  elections;  removals by board of regents. Fill any   vacancy occurring in the office of any trustee by electing  another  for   the  unexpired  term; provided, however, that where trustees are elected   by the legal voters the person so appointed to  fill  any  such  vacancy   shall hold office until the next annual election of trustees. The office   of any trustee shall become vacant on his death, resignation, refusal to   act,  removal  from  office,  expiration of his term, or any other cause   specified in the charter. If any trustee  shall  fail  to  attend  three   consecutive  meetings  without  excuse  accepted  as satisfactory by the   trustees, he shall be deemed to have resigned, and the vacancy shall  be   filled.  Any  vacancy  in the office of trustee continuing for more than   one year, or any vacancy reducing the number of trustees  to  less  than   two-thirds  of the full number may be filled by the regents. The regents   may remove any trustee of a corporation created by them for  misconduct,   incapacity,  neglect of duty, or where it appears to the satisfaction of   the regents that the corporation has failed or  refuses  to  carry  into   effect  its  educational  purposes.  A hearing in the proceeding for the   removal of such trustees shall be had before the board of regents  or  a   committee  thereof  and  the  trustees shall be given at least ten days'   notice of the time and place of such hearing. In  case  of  removal  the   regents   may  appoint  successors  to  the  trustees  so  removed.  The   provisions of this section as to removal and  filling  of  vacancies  in   trustees  shall  not  apply to corporations now or hereafter established   and maintained by a religious denomination, order  or  sect.  No  person   shall be ineligible as a trustee by reason of sex.5.  Property  holding. Take and hold by gift, grant, devise or bequest   in their own right or in trust for any purpose comprised in the  objects   of  the  corporation, such additional real and personal property, beyond   such as shall be authorized by their charter or by  special  or  general   statute,  as  the  regents  shall  authorize  within  one year after the   delivery of the instrument or probate of  the  will,  giving,  granting,   devising  or  bequeathing such property, and such authority given by the   regents shall make any such gift, grant, devise or bequest operative and   valid in law. Any grant,  devise  or  bequest  shall  be  equally  valid    whether  made in the corporate name or to the trustees of a corporation,   and powers given to the trustees shall be powers of the corporation.6.  Control of property. a. Buy, sell, mortgage, let and otherwise use   and dispose of its property as they shall deem for the best interests of   the institution; and also to lend or deposit, or to receive as  a  gift,   or   on  loan  or  deposit,  literary,  scientific  or  other  articles,   collections, or property pertaining to their work; and such gifts, loans   or deposits may be made  to  or  with  the  university  or  any  of  its   institutions  by  any person, or by legal vote of any board of trustees,   corporation, association or school district, and any  such  transfer  of   property,  if  approved  by  the  regents, shall during its continuance,   transfer responsibility therefor to the institution receiving it,  which   shall  also  be  entitled  to receive any money, books or other property   from the state or other sources to which said  corporation,  association   or district would have been entitled but for such transfer.b. Notwithstanding any other provision of law, prior to the discarding   of  used or surplus books or other such reading materials by trustees of   a chartered public or free association library which receives  over  ten   thousand  dollars in state aid, such trustees shall offer to donate such   books  or  materials  to  a  not-for-profit  corporation  or   political   subdivision  located  within  the area of the library system or offer to   sell such books or materials to the general public. The  trustees  shall   retain  any  proceeds received from the sale of such books and materials   for the purpose of maintaining and improving library service within  the   system.7.  Officers  and  employees.  Appoint  and  fix  the salaries of such   officers and employees as they shall deem necessary who, unless employed   under special contract, shall hold their offices during the pleasure  of   the  trustees;  but  no  trustee shall receive compensation as such. The   president  or  chief  executive  officer  of  an   association   library   corporation  shall  be elected by the trustees from their own number and   shall be the chairman of the board.8. Removals and suspensions. Remove or suspend from office by vote  of   a  majority of the entire board any trustee, officer or employee engaged   under special contract, on examination and due proof of the truth  of  a   written  complaint  by any trustee, of misconduct, incapacity or neglect   of duty; provided, that at least  one  week's  previous  notice  of  the   proposed  action  shall  have  been  given  to  the  accused and to each   trustee.9. Degrees and credentials. Grant  such  degrees  and  honors  as  are   specifically  authorized by their charter, and in testimony thereof give   suitable  certificates  and  diplomas  under  their  seal;   and   every   certificate  and  diploma  so  granted shall entitle the conferee to all   privileges and immunities which by usage  or  statute  are  allowed  for   similar  diplomas  of  corresponding grade granted by any institution of   learning.10. Rules. Make all by-laws and rules necessary  and  proper  for  the   purposes of the institution and not inconsistent with law or any rule of   the  university; but no rule by which more than a majority vote shall be   required for any specified action by  the  trustees  shall  be  amended,   suspended  or  repealed  by a smaller vote than that required for action   thereunder.