NY Educ L § 219 (2021)
2021 New York Laws EDN - Education Title 1 - General Provisions Article 5 - University of the State of New York Part 1 - General Organization 219 - Change of Name or Charter.

§ 219. Change of name or charter. 1. The regents may, at any time, for   sufficient  cause,  by  an  instrument  under their seal and recorded in   their office, change the name, or alter, suspend or revoke  the  charter   or  certificate  of incorporation of any domestic corporation which they   might incorporate under section two hundred sixteen, or any  certificate   of authority of a foreign corporation which they have issued or to which   the  commissioner has consented, (a) if subject to their visitation, or,   (b) if authorized, chartered or incorporated by the regents or  under  a   general  law;  provided  that,  unless  on  three-fourths request of the   trustees of the corporation, no name shall be changed and no charter  or   certificate shall be altered, suspended or revoked, nor shall any rights   or  privileges thereunder be suspended or repealed by the regents, until   they have mailed to the usual address of every director  or  trustee  of   the corporation concerned at least thirty days' notice of a hearing when   any  objections  to  the  proposed  change will be considered, and until   ordered by a vote at a meeting of the regents at which the notices  have   specified that action is to be taken on the proposed change. A certified   copy of such order of the regents, under their seal, to change the name,   or  alter,  suspend  or  revoke  a  certificate  of incorporation of any   domestic corporation filed by the department of state  under  a  general   law, or certificate of authority of any foreign corporation filed by the   department  of  state  under  a  general  law, shall be delivered by the   regents to such department. The order shall become  effective  upon  the   filing of such certified copy by the department of state.2.  Any notice to a trustee whose address is not readily ascertainable   may be mailed to him in care of the institution. Where it  appears  that   any  institution incorporated by the regents has ceased to function, and   the regents after diligent effort are unable to ascertain the  names  of   the  surviving  trustees, if any, and their addresses or any address for   the  institution  formerly  maintained  by  the  corporation,  and   are   therefore  unable  to  send the thirty-day notice to the trustees in the   manner prescribed in this section,  they  may  give  such  thirty  days'   notice  by  causing  the  same  to  be  published  once a week for three   successive weeks prior to the date of such hearing in a daily or  weekly   newspaper  published  or printed in the place where the said corporation   or its principal office is or was located; or if there be no such paper,   then in a daily or weekly paper published or printed within the  county,   if  there  be  one,  or, if not, in an adjoining county to that in which   such corporation or its principal office is or was located.3. Whenever the trustees of any such corporation shall determine, upon   three-fourths vote to dissolve the corporation, they  may  petition  the   regents  to  issue  an  order  of  dissolution.  If  it  appears  to the   satisfaction of the regents that there is no sufficient reason  for  the   continuance  of  the  corporation  that  all  taxes  chargeable  to  the   corporation  have  been  paid,  and,  if  the  corporation   has   stock   provisions,   that  the  outstanding  stock  has  been  surrendered  for   cancellation, the regents shall thereupon have  power  to  dissolve  the   corporation.4.  Whenever the charter or incorporation of an institution is revoked   or an order of dissolution made  pursuant  to  the  provisions  of  this   section,  it  shall be the duty of the trustees and/or the custodians of   the permanent academic records of such institution to file the same with   the state education department, or with such  other  agency  as  may  be   approved  by  said  department  where  they  shall be kept available for   future reference. In the event, however, that an application is made  to   the  supreme  court  for an order directing the disposition of assets of   such educational corporation pursuant to the provisions of  section  two   hundred  twenty  of  this  chapter and such order is thereupon made, the    disposition of such permanent academic records may be directed  therein.   A  copy of the order shall be filed with the education department by the   applicant and such order shall so provide.5.  An  education  corporation  may  file  an assumed name certificate   pursuant to section one hundred thirty  of  the  general  business  law,   provided that the consent of the regents is endorsed or annexed thereto.   Any  education  corporation  that  has filed an assumed name certificate   with the secretary  of  state  prior  to  the  effective  date  of  this   subdivision shall file a copy of such certificate with the department no   later than ninety days after the effective date of this subdivision.