S05160Introduced in the Senate
Relates to the indemnification of directors, officers and key persons; ensures the survival of indemnification in case of a merger or consolidation of a corporation; provides that once a right to indemnification arises, it continues to benefit a former director, officer or key person's and their heirs and estate; makes related provisions.
Introduced by Leroy Comrie, District 14
What does this bill do?
Plain-English breakdown
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Official description
Relates to the indemnification of directors, officers and key persons; ensures the survival of indemnification in case of a merger or consolidation of a corporation; provides that once a right to indemnification arises, it continues to benefit a former director, officer or key person's and their heirs and estate; makes related provisions.
Where it stands
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
January 7, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
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Bill history
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
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