S T A T E O F N E W Y O R K
________________________________________________________________________
10487
I N A S S E M B L Y
April 2, 2010
___________
Introduced by M. of A. CLARK -- read once and referred to the Committee
on Corporations, Authorities and Commissions
AN ACT to require seventy-five percent of the board members of a not-
for-profit organization located in a city of a million or more to be
residents of the same community in which such organization is located
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Notwithstanding any other provision of law, a not-for-pro-
fit organization located in a city with a population of one million or
more, shall ensure that seventy-five percent of such organization's
appointed board members are current residents of the community or neigh-
borhood in which such organization is located.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD16592-01-0