2023 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.