Bill Text: NY S05578 | 2019-2020 | General Assembly | Introduced
Bill Title: Dissolves the United Charities, a nonprofit corporation.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2019-10-29 - SIGNED CHAP.428 [S05578 Detail]
Download: New_York-2019-S05578-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 5578 2019-2020 Regular Sessions IN SENATE May 7, 2019 ___________ Introduced by Sen. KRUEGER -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to dissolve the United Charities, a nonprofit corporation The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The United Charities, a nonprofit corporation incorporated 2 by chapter 159 of the laws of 1892, which chapter was entitled "An Act 3 to incorporate the United Charities of the city of New York," having in 4 the year 2014 obtained approval from the New York State Office of the 5 Attorney General and the Supreme Court of the State of New York to 6 alienate its sole asset, the United Charities Building, and in that year 7 having alienated said asset and ceased operations, is hereby dissolved. 8 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11307-01-9