Assembly Bill A8078

Signed By Governor
2017-2018 Legislative Session

Relates to reacquisition of a lot, plot, or part thereof owned by a nonsectarian burial society or by a cemetery corporation

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Archive: Last Bill Status Via S6396 - Signed by Governor


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2017-A8078 (ACTIVE) - Details

See Senate Version of this Bill:
S6396
Law Section:
Not-for-Profit Corporation Law
Laws Affected:
Amd §§1502 & 1513-a, N-PC L

2017-A8078 (ACTIVE) - Summary

Relates to reacquisition of a lot, plot, or part thereof owned by a nonsectarian burial society or by a cemetery corporation; defines nonsectarian burial society and religious burial society.

2017-A8078 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8078
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 25, 2017
                                ___________
 
 Introduced by M. of A. DINOWITZ -- read once and referred to the Commit-
   tee on Corporations, Authorities and Commissions
 
 AN  ACT  to amend the not-for-profit corporation law, in relation to the
   reacquisition of a lot, plot, or part thereof owned by a  nonsectarian
   burial  society  or  by a cemetery corporation; and in relation to the
   definition of certain types of burial societies
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  1502  of  the  not-for-profit corporation law is
 amended by adding two new paragraphs (r) and (s) to read as follows:
   (R) THE TERM "NONSECTARIAN BURIAL  SOCIETY"  MEANS  A  CORPORATION  OR
 UNINCORPORATED ASSOCIATION OR SOCIETY HAVING AMONG ITS ACTIVITIES OR ITS
 FORMER  ACTIVITIES  THE PROVISION OF BURIAL BENEFITS FOR ITS MEMBERS AND
 NOT SUPERVISED OR CONTROLLED BY A RELIGIOUS CORPORATION.
   (S) THE TERM "RELIGIOUS BURIAL SOCIETY" MEANS A CORPORATION  OR  UNIN-
 CORPORATED  ASSOCIATION  OR  SOCIETY  HAVING AMONG ITS ACTIVITIES OR ITS
 FORMER ACTIVITIES THE PROVISION OF BURIAL BENEFITS FOR ITS  MEMBERS  AND
 SUPERVISED OR CONTROLLED BY A RELIGIOUS CORPORATION.
   §  2.  Paragraphs  (d) and (f) of section 1513-a of the not-for-profit
 corporation law, as added by chapter  478  of  the  laws  of  2003,  are
 amended  and four new paragraphs (i), (j), (k) and (l) are added to read
 as follows:
   (d) Upon the sale of a lot, plot or part  thereof  reacquired  by  the
 corporation  under  the provisions of paragraph (a), (b), or (c) of this
 section, thirty-five percent of the net proceeds shall be placed in  the
 permanent maintenance fund and sixty-five percent shall be placed in the
 current maintenance fund.  PROVIDED, HOWEVER, THAT IF THEIR PROPERTY WAS
 REACQUIRED  UNDER  PARAGRAPH (I) OF THIS SECTION, THIRTY-FIVE PERCENT OF
 THE NET PROCEEDS SHALL BE PLACED  IN  THE  PERMANENT  MAINTENANCE  FUND,
 FIFTY  PERCENT  SHALL  BE  PLACED  IN  THE  CURRENT MAINTENANCE FUND AND
 FIFTEEN PERCENT SHALL BE PLACED IN A PERPETUAL CARE FUND WHICH THE CEME-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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