New York Consolidated Laws, Insurance Law - ISC § 6624. Voting by members and meetings of boards of directors;  co-operative property/casualty insurance companies

(b)(1) The board of directors of every co-operative property/casualty insurance company shall hold regular meetings at least four times in each calendar year.

(2) Compliance with paragraph one hereof, except as to the annual meeting, may be made by an executive committee of at least four members, duly authorized to act on behalf of the board of directors.