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CS/CS/CS/HB 599: Corporations Not For Profit

GENERAL BILL by Economic Affairs Committee ; Civil Justice Subcommittee ; Insurance and Banking Subcommittee ; Passidomo ; (CO-INTRODUCERS) Boyd

Corporations Not For Profit; Provides requirements for management of funds held by institution exclusively for charitable purposes; provides standards of conduct in managing & investing institutional funds; provides requirements for appropriation for expenditure or accumulation of endowment fund; authorizes institution to delegate certain activities to external agent & to release or modify certain restrictions on institutional fund; provides for application to existing or newly established institutional funds; provides relationship to federal law, etc.

Effective Date: except as otherwise provided
Last Action: 6/17/2011 - Chapter No. 2011-170
Bill Text: Web Page | PDF

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  • Bill History

  • CS/CS/CS/HB 599, Enrolled (Current Bill Version) Posted 5/4/2011 at 5:38 PM

  • CS/CS/CS/HB 599, Engrossed 1 Posted 4/28/2011 at 3:38 PM

  • CS/CS/CS/HB 599, Committee Substitute 3 Posted 4/25/2011 at 2:46 PM

  • CS/CS/HB 599, Committee Substitute 2 Posted 4/5/2011 at 7:29 AM

  • CS/HB 599, Committee Substitute 1 Posted 3/10/2011 at 10:04 AM

  • HB 599, Original Filed Version Posted 2/3/2011 at 10:17 AM