HOUSE BILL 1543 |
HOUSE AUTHOR: Keffer et al. |
EFFECTIVE: 09-01-99 |
SENATE SPONSOR: Fraser |
House Bill 1543 amends the Development Corporation Act of 1979 to change residency requirements for service on the board of directors of certain public development corporations based on the size of the city that created the corporation. The act requires that each director of a corporation created by a city with a population of 20,000 or more be a resident of the city. Each director in a city with a population of less than 20,000 must be a resident of the city or of the county in which the major part of the city is located.