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S05587 Summary:
| BILL NO | S05587 |
| SAME AS | SAME AS A09446 |
| SPONSOR | COMRIE |
| COSPNSR | |
| MLTSPNSR | |
| Rpld §§721, 722 & 723, add §721, ren §§724 & 725 to be §§722 & 723, amd §§722, 723 & 720-a, N-PC L | |
| 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 her or his heirs and estate; makes related provisions. | |