NY S05587 | 2023-2024 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 8 2023 - 25% progression, died in committee
Action: 2024-01-03 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
Pending: Senate Corporations, Authorities and Commissions Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 8 2023 - 25% progression, died in committee
Action: 2024-01-03 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
Pending: Senate Corporations, Authorities and Commissions Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Relates to the indemnification of directors, officers and key persons; ensures the survival of indemnification in case of a merger or consolidation of a corporation; provides that once a right to indemnification arises, it continues to benefit a former director, officer or key person's and her or his heirs and estate; makes related provisions.
Title
Relates to the indemnification of directors, officers and key persons; ensures the survival of indemnification in case of a merger or consolidation of a corporation; provides that once a right to indemnification arises, it continues to benefit a former director, officer or key person's and her or his heirs and estate; makes related provisions.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-03 | Senate | REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS |
| 2023-03-08 | Senate | REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS |
Same As/Similar To
A09446 (Same As) 2024-03-14 - referred to corporations, authorities and commissions
