Source: https://www.nysenate.gov/legislation/bills/2011/a696/amendment/a
Timestamp: 2019-04-26 01:57:04
Document Index: 240873085

Matched Legal Cases: ['§631', '§78', '§523', '§35', '§7', '§5017', '§510']

NY State Assembly Bill A696A
assembly Bill A696A
Get Status Alerts for A696A
Apr 06, 2011 print number 696a
Apr 06, 2011 amend and recommit to election law
A696 (ACTIVE) - Details
Add §§631, 1321, 1517 & 1534, BC L; add §78, Coop Corps L; add §523, N-PC L; add §35, Rail L; add §7, Transp Corps L; add §5017, Bank L; add §510, Lim Lil L
2015-2016: A289, S138
A696 (ACTIVE) - Summary
A696 (ACTIVE) - Bill Text download pdf
Introduced  by  M.  of  A.  LANCMAN,  JACOBS,  MAISEL,  CASTRO,  TITONE,
KAVANAGH,  JAFFEE,  PEOPLES-STOKES,  LIFTON,  GIBSON,  GALEF,  COLTON,
ROSENTHAL  --  Multi-Sponsored by -- M. of A. BRENNAN, GLICK, PHEFFER,
ROBINSON, THIELE --  read  once  and  referred  to  the  Committee  on
LBD01406-02-1
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EXPENDITURE,  THE CORPORATION SHALL, AT LEAST ANNUALLY, OBTAIN THE PRIOR
AUTHORIZATION BY VOTE OF A MAJORITY OF THE SHARES CAST  ON  SUCH  RESOL-
UTION  TO  MAKE CONTRIBUTIONS OR INDEPENDENT EXPENDITURES UP TO A STATED
(C) ANY CORPORATION, EITHER BY ITSELF OR ITS  SUBSIDIARIES,  MAKING  A
TO  ITS  SHAREHOLDERS AND FILE WITH THE SECRETARY OF STATE AN ACCOUNTING
OF  THE  CONTRIBUTIONS  AND  INDEPENDENT  EXPENDITURES  USED  FOR   SUCH
(D)  THE  SECRETARY  OF  STATE  SHALL  POST  EACH CORPORATION'S ANNUAL
S  3.  The  cooperative  corporations  law  is amended by adding a new
S 78. POLITICAL CONTRIBUTIONS.  1.  DEFINITIONS.  WHEN  USED  IN  THIS
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2.   NOTWITHSTANDING  ANY  OTHER  LIMITS  ON  COOPERATIVE  CORPORATION
CONTRIBUTIONS TO OR EXPENDITURES  ON  BEHALF  OF  POLITICAL  CANDIDATES,
POLITICAL  COMMITTEES, PARTY COMMITTEES, OR BALLOT REFERENDUMS, BEFORE A
COOPERATIVE CORPORATION MAY MAKE A CONTRIBUTION OR INDEPENDENT  EXPENDI-
TURE,  THE  COOPERATIVE  CORPORATION  SHALL AT LEAST ANNUALLY OBTAIN THE
PRIOR AUTHORIZATION BY VOTE OF A MAJORITY OF THE SHARES OR MEMBERS  CAST
3.  ANY COOPERATIVE CORPORATION, EITHER BY ITSELF OR ITS SUBSIDIARIES,
4.  THE  SECRETARY  OF STATE SHALL POST EACH COOPERATIVE CORPORATION'S
5.  THE ATTORNEY GENERAL MAY COMMENCE AN ACTION OR SPECIAL  PROCEEDING
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S 7. The banking law is amended by adding a new section 5017  to  read
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S 8. The business corporation law is amended by adding a  new  section
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S  9.  The  limited  liability  company law is amended by adding a new
S 510. POLITICAL CONTRIBUTIONS. (A) DEFINITIONS.  WHEN  USED  IN  THIS
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RATION SHALL, AT LEAST ANNUALLY, OBTAIN THE PRIOR AUTHORIZATION BY  VOTE
OF  A  MAJORITY  OF  THE SHARES CAST ON SUCH RESOLUTION TO MAKE CONTRIB-
UTIONS OR INDEPENDENT EXPENDITURES  UP  TO  A  STATED  AGGREGATE  ANNUAL
(C)  ANY  PROFESSIONAL  SERVICE  CORPORATION,  EITHER BY ITSELF OR ITS
SUBSIDIARIES, MAKING A CONTRIBUTION OR INDEPENDENT EXPENDITURE SHALL  AT
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(B) NOTWITHSTANDING ANY OTHER LIMITS ON FOREIGN  PROFESSIONAL  SERVICE
CORPORATION  CONTRIBUTIONS  TO, OR EXPENDITURES ON BEHALF OF, CANDIDATES
FOR PUBLIC OR PARTY OFFICE, POLITICAL COMMITTEES,  PARTY  COMMITTEES  OR
DEFINED  BY  SUBDIVISION  (D)  OF SECTION FIFTEEN HUNDRED TWENTY-FIVE OF
THIS ARTICLE, MAY MAKE A CONTRIBUTION OR INDEPENDENT EXPENDITURE IN  NEW
CAST  ON  SUCH  RESOLUTION TO MAKE CONTRIBUTIONS OR INDEPENDENT EXPENDI-
(C) ANY FOREIGN PROFESSIONAL SERVICE CORPORATION, EITHER BY ITSELF  OR
ITS  SUBSIDIARIES,  MAKING  A CONTRIBUTION OR INDEPENDENT EXPENDITURE IN
NEW YORK SHALL AT LEAST ANNUALLY DISCLOSE TO ITS SHAREHOLDERS  AND  FILE
(D)  THE  SECRETARY  OF  STATE  SHALL  POST  EACH FOREIGN PROFESSIONAL
SERVICE CORPORATION'S ANNUAL DISCLOSURE ON THE WEB  SITE  MAINTAINED  BY
S 13. This act shall take effect August 1, 2011.
A696A (ACTIVE) - Details
A696A (ACTIVE) - Summary
A696A (ACTIVE) - Bill Text download pdf
ROSENTHAL, JEFFRIES, P. RIVERA -- Multi-Sponsored by -- M. of A. BREN-
NAN, GLICK, PHEFFER, ROBINSON, THIELE -- read once and referred to the
LBD01406-03-1
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