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A05927 Summary:
| BILL NO | A05927 |
| SAME AS | SAME AS S01102 |
| SPONSOR | Titone (MS) |
| COSPNSR | Tobacco |
| MLTSPNSR | |
| Amd S402, N-PC L | |
| Requires certificates of incorporation of not-for-profit corporations to include certifications that the initial directors of the corporation shall commit to the inclusion in the corporation bylaws of a conflict of interest policy and a requirement that the directors and officers of the corporation comply with education requirements regarding their fiduciary obligations to the corporation. | |