BILL NO | A07907D |
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SAME AS | SAME AS S04778-C
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SPONSOR | Bing |
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COSPNSR | Brodsky, Rosenthal, Castro, DenDekker, Fields, Schimminger, Espaillat |
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MLTSPNSR | DelMonte, Mayersohn, Meng, Millman, Titone |
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Add Art 5-A SS550 - 558, rpld S102 (a) sub 13, 14 & 17, S512, S513 (c) & (d) & S522, amd SS406, 513, 514 &
717, N-PC L; amd S2-b, Rel Corp L; amd SS8-1.1, 8-1.7 & 11-2.3, EPT L; amd S2115, SCPA; amd S174-b, Exec L |
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Relates to prudent management of institutional funds standards; requires consideration of certain factors relating to restrictions in gift instruments and charitable purposes; permits judicial modification. |