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MO HB747
Bill
Status
1/29/2015
Primary Sponsor
Nick Marshall
Click for details
AI Summary
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Nonprofit corporations and foreign corporations registered in Missouri that solicit public contributions must disclose, upon request, the names and compensation amounts of any paid board members or officers
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Requests for compensation information must be submitted in writing via certified mail and must specify the time period for which compensation data is sought
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If no time period is specified in the request, only current fiscal year-to-date compensation information must be provided
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Corporations must respond in writing within 10 days of receiving a request
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Exemption applies to nonprofit corporations with members that solicit contributions solely from their own existing members
Legislative Description
Requires a nonprofit corporation that solicits contributions or gifts from the public to provide, upon request, the name and any compensation paid by the corporation to any board member or officer
Last Action
Referred: Consumer Affairs(H)
5/15/2015