Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2014 |
referred to corporations, authorities and commissions |
Jun 14, 2013 |
print number 7726a |
Jun 14, 2013 |
amend and recommit to corporations, authorities and commissions |
May 31, 2013 |
referred to corporations, authorities and commissions |
Assembly Bill A7726A
2013-2014 Legislative Session
Sponsored By
PAULIN
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Bill Amendments
co-Sponsors
Sandy Galef
Alan Maisel
Walter T. Mosley
Sam Roberts
multi-Sponsors
Dennis H. Gabryszak
Vanessa Gibson
William Scarborough
Harvey Weisenberg
2013-A7726 - Details
- Current Committee:
- Assembly Corporations, Authorities And Commissions
- Law Section:
- Not-for-Profit Corporation Law
- Laws Affected:
- Amd §602, N-PC L
2013-A7726 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7726 2013-2014 Regular Sessions I N A S S E M B L Y May 31, 2013 ___________ Introduced by M. of A. PAULIN, GALEF, MAISEL, MOSLEY, ROBERTS, ROSA -- Multi-Sponsored by -- M. of A. GABRYSZAK, GIBSON, SCARBOROUGH, WEISEN- BERG -- read once and referred to the Committee on Corporations, Authorities and Commissions AN ACT to amend the not-for-profit corporation law, in relation to prohibiting certain employees of a not-for-profit corporation from serving on the corporation's governing board or from hiring family members THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 602 of the not-for-profit corporation law is amended by adding four new paragraphs (g), (h), (i) and (j) to read as follows: (G) THE BY-LAWS OF A NOT-FOR-PROFIT CORPORATION SHALL CONTAIN A POLICY ON: (1) EMPLOYEES SERVING ON SUCH GOVERNING BODY, THEIR VOTING RIGHTS, RECUSAL FROM DECISIONS OF THE GOVERNING BODY, AND THE PERCENTAGE OF THE MEMBERSHIP OF THE GOVERNING BODY THAT MUST BE INDEPENDENT OF THE ORGAN- IZATION; (2) HIRING OF FAMILY MEMBERS OF EMPLOYEES AND GOVERNING BODY MEMBERS; AND (3) CONFLICT OF INTEREST COVERING BUSINESS INTERESTS. (H) ALL BY-LAWS REQUIRED IN THIS SECTION SHALL BE AVAILABLE FOR REVIEW BY THE ATTORNEY GENERAL UPON REQUEST. (I) EMPLOYEES OF A NOT-FOR-PROFIT CORPORATION ARE PROHIBITED FROM: (1) SERVING AS THE CHAIR OF SUCH ORGANIZATION'S GOVERNING BODY; AND (2) SERVING AS A VOTING MEMBER OF SUCH ORGANIZATION'S GOVERNING BODY. (J) NO PERSON WHO IS RELATED TO ANY EXECUTIVE OR ANY MEMBER OF A GOVERNING BODY BY BLOOD OR MARRIAGE SHALL BE EMPLOYED BY SUCH ORGANIZA- TION, EXCEPT WITH THE APPROVAL OF TWO-THIRDS OF THE MEMBERS OF THE GOVERNING BODY. S 2. This act shall take effect one year after it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
co-Sponsors
Sandy Galef
Walter T. Mosley
Sam Roberts
Earlene Hooper
multi-Sponsors
William Scarborough
Harvey Weisenberg
2013-A7726A (ACTIVE) - Details
- Current Committee:
- Assembly Corporations, Authorities And Commissions
- Law Section:
- Not-for-Profit Corporation Law
- Laws Affected:
- Amd §602, N-PC L
2013-A7726A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7726--A 2013-2014 Regular Sessions I N A S S E M B L Y May 31, 2013 ___________ Introduced by M. of A. PAULIN, GALEF, MAISEL, MOSLEY, ROBERTS, ROSA, HOOPER, SCHIMEL -- Multi-Sponsored by -- M. of A. GABRYSZAK, GIBSON, SCARBOROUGH, WEISENBERG -- read once and referred to the Committee on Corporations, Authorities and Commissions -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the not-for-profit corporation law, in relation to prohibiting certain employees of a not-for-profit corporation from serving on the corporation's governing board or from hiring family members THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 602 of the not-for-profit corporation law is amended by adding four new paragraphs (g), (h), (i) and (j) to read as follows: (G) THE BY-LAWS OF A NOT-FOR-PROFIT CORPORATION SHALL CONTAIN A PROVISION ON: (1) EMPLOYEES SERVING ON SUCH GOVERNING BODY AND THE PERCENTAGE OF THE MEMBERSHIP OF THE GOVERNING BODY THAT MUST BE INDEPENDENT OF THE ORGAN- IZATION; (2) HIRING OF FAMILY MEMBERS OF EMPLOYEES AND GOVERNING BODY MEMBERS; AND (3) CONFLICT OF INTEREST COVERING BUSINESS INTERESTS. (H) ALL BY-LAWS REQUIRED IN THIS SECTION SHALL BE AVAILABLE FOR REVIEW BY THE ATTORNEY GENERAL UPON REQUEST. (I) EMPLOYEES OF A NOT-FOR-PROFIT CORPORATION ARE PROHIBITED FROM SERVING AS THE CHAIR OF SUCH ORGANIZATION'S GOVERNING BODY AND FROM SERVING AS A VOTING MEMBER OF SUCH ORGANIZATION'S GOVERNING BODY. (J) NO PERSON WHO IS RELATED TO THE CHIEF EXECUTIVE OR ANY MEMBER OF A GOVERNING BODY BY BLOOD OR MARRIAGE SHALL BE EMPLOYED BY SUCH ORGANIZA- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10937-03-3
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