New York · 2025 Regular Session · Bill

S 5160: Relates to the indemnification of directors, officers and key persons; and to repeal sections 721, 722 and 723 of the not-for-profit corporation law

In committee Last action January 7, 2026: REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

Plain-language summary

S 5160 is a bill introduced in the New York Senate on February 19, 2025. According to its official title, it concerns: Relates to the indemnification of directors, officers and key persons; and to repeal sections 721, 722 and 723 of the not-for-profit corporation law. Primary sponsor: Leroy Comrie (Democratic). Most recent recorded action (January 7, 2026): REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS.

Sponsors

Primary sponsor: Leroy Comrie (Democratic).