Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 28, 2018 |
signed chap.468 |
Dec 17, 2018 |
delivered to governor |
Jun 20, 2018 |
returned to assembly passed senate 3rd reading cal.2063 substituted for s8638 |
Jun 06, 2018 |
referred to rules delivered to senate passed assembly |
May 31, 2018 |
advanced to third reading cal.1056 reported |
May 04, 2018 |
referred to corporations, authorities and commissions |
Assembly Bill A10534
Signed By Governor2017-2018 Legislative Session
Sponsored By
PAULIN
Archive: Last Bill Status - Signed by Governor
- 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
Votes
co-Sponsors
Sandy Galef
Thomas Abinanti
David Buchwald
Andrew Raia
2017-A10534 (ACTIVE) - Details
- See Senate Version of this Bill:
- S8638
- Law Section:
- Not-for-Profit Corporation Law
- Laws Affected:
- Amd §712-a, N-PC L
2017-A10534 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10534 I N A S S E M B L Y May 4, 2018 ___________ Introduced by M. of A. PAULIN, GALEF, ABINANTI, BUCHWALD, RAIA -- 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 directors of controlled corporations serving on designated audit committees of the controlling corporations THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (d) of section 712-a of the not-for-profit corpo- ration law, as added by chapter 549 of the laws of 2013, is amended to read as follows: (d) If a corporation controls a group of corporations, the board or designated audit committee of the board of the controlling corporation may perform the duties required by this section for one or more of the controlled corporations AND, IF INDEPENDENT DIRECTORS, DIRECTORS FROM ONE OR MORE OF SUCH CONTROLLED CORPORATIONS MAY SERVE ON ANY DESIGNATED AUDIT COMMITTEE OF THE BOARD OF SUCH CONTROLLING CORPORATION, AND PERFORM THE DUTIES REQUIRED BY THIS SECTION FOR EACH CORPORATION AND ANY CONTROLLED CORPORATIONS. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15585-01-8
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