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NY S07366
Bill
Status
8/19/2016
Primary Sponsor
Fred Akshar
Click for details
AI Summary
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Amends the Not-for-Profit Corporation Law section 1402 to exempt Prospect Terrace Fire Company, Inc., located in the town of Dickinson, Broome county, from the 45 percent non-resident membership limit.
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The exemption allows Prospect Terrace Fire Company to have non-resident members exceed the standard 45 percent cap that applies to most volunteer fire corporations.
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Adds Prospect Terrace Fire Company to an existing list of fire companies with similar exemptions, including Huguenot Fire Company, Inc., Hopewell Volunteer Fire Department, Inc., Wales Center Volunteer Fire Company, Inc., and fire departments within the town of Fleming, Cayuga county.
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Takes effect immediately upon enactment.
Legislative Description
Relates to exempting Prospect Terrace Fire Company, Inc. from the requirement that a percentage of non-resident fire department members not exceed 45% of the membership.
Last Action
SIGNED CHAP.276
8/19/2016