MATTER OF RESNICK v. KARMAX CAMP CORP.


149 A.D.2d 709 (1989)

In the Matter of Helen Resnick, Appellant, v. Karmax Camp Corp., Respondent

Appellate Division of the Supreme Court of the State of New York, Second Department.

April 24, 1989


Ordered that the order is modified, on the law, by adding thereto a provision searching the record and thereupon granting summary judgment in favor of the respondent dismissing the proceeding; as so modified, the order is affirmed, with costs to the respondent.

Business Corporation Law § 909 (a) provides, in pertinent part, that a shareholder's approval is required whenever a corporation attempts "[a] sale, lease, exchange...

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