Emergency by-laws

§ 97. Emergency by-laws. 1. With the approval of the superintendent, any domestic organization may, at any time, adopt, in the same manner as in the case of ordinary by-laws, emergency by-laws to become operative during a period of acute emergency. Emergency by-laws may contain provisions with respect to the number of directors capable of acting which shall constitute its board, the number of such directors which shall constitute a quorum at a meeting of the board, the number of votes necessary for action by such board, the manner in which vacancies on the board shall be filled, the line of succession of its officers, and the interim management of the affairs of the organization; such provisions, if approved by the superintendent, need not comply with the requirements of the charter of such domestic organization or of the general corporation law, the stock corporation law, the business corporation law, the membership corporation law and the insurance law. 2. Except as provided in subdivision two of section ninety-nine-a, the provisions of subdivisions two through seven of section ninety-eight and the subdivisions two and three of section ninety-nine shall not be applicable, during a period of acute emergency, to any domestic organization operating in accordance with emergency by-laws approved by the superintendent to the extent that the procedures set forth in such emergency by-laws relate to subject matter contained in subdivisions two through seven of section ninety-eight.