Chapter 92B

Section 1. As used in this chapter, the following words shall, unless the context requires otherwise, have the following meanings:— ''Board'', the board of directors of the Commonwealth Zoological Corporation. ''Corporation'', the Commonwealth Zoological Corporation. ''Executive …

Section 10. The provisions of this chapter shall be construed to incorporate by reference any existing agreements between the commission and any other entity, public or private, except as otherwise provided in this chapter. The provisions of this chapter shall, to the extent perm…

Section 11. The zoos shall continue to be known as the Franklin Park Zoo and the Walter D. Stone Memorial Zoo but the corporation may offer sponsor naming rights to the zoos or exhibits within the zoos and may add sponsor names to the existing names of the zoos or exhibits. The c…

Section 12. On or before January first, nineteen hundred and ninety-six, the corporation shall submit to the governor and the clerks of the house of representatives and the senate and the house and senate committees on ways and means, a report detailing the state of the zoos, the…

Section 2. There is hereby created a nonprofit body to be known as the Commonwealth Zoological Corporation. The corporation is hereby placed in the office, but shall not be subject to the supervision of the office, nor any office, board, bureau, department, or other agency of the…

Section 3. The board shall select a qualified individual to act as president and chief executive officer. The president shall present to the board for its approval an annual budget, a staffing plan, and an operating plan. The president shall, subject to the approval of the board,…

Section 4. The corporation shall have the authority to develop a flexible professional personnel system as necessary to attract and hire qualified professional employees to enhance the zoos. The corporation shall establish said professional personnel system, in consultation with …

Section 5. The corporation shall have the following powers: (a) to make, amend, and repeal bylaws, rules and regulations for the management of its affairs; (b) to adopt an official seal; (c) to make contracts and execute all instruments necessary or convenient for the carrying on…

Section 6. The corporation shall have the following duties and obligations: (a) The corporation is hereby directed to maintain, repair, enhance and otherwise improve the zoos and their collections. (b) The corporation shall develop within a reasonable time individual master plans…

Section 7. The corporation shall operate on the same fiscal year as the commonwealth and shall annually submit a detailed fiscal report of the corporation and the zoos' activities within ninety days after the end of each fiscal year to the commission and to the clerks of the hous…

Section 8. The books and records of the corporation shall be audited biennially by an independent source chosen by the commission, at the expense of the corporation. The director may, at any time, request an audit to be done in addition to the biennial audit.

Section 9. The corporation may request financial assistance from the commonwealth for any capital projects undertaken at the zoos. Capital projects shall not include routine maintenance and minor repairs. The corporation shall inform the division of capital asset management and m…