2002 Regular Session

HOUSE BILL 1114

File Code: Corporations and Associations
Sponsored By:
Delegate Barve
Entitled:
Corporations and Real Estate Investment Trusts

Synopsis:

Authorizing the board of directors of a corporation with a specified class of equity securities or registered as an open-end investment company to amend the charter of the corporation to effectuate specified reverse stock splits without stockholder action under specified circumstances; requiring the board to give written notice of the reverse stock split to specified holders of record; etc.

History by Legislative Date

House Action
2/8
First Reading Economic Matters
Hearing 2/28 at 1:00 p.m.
3/23
Unfavorable Report by Economic Matters
Senate Action
No Action
Bill indexed under the following Subjects:
CHARTERS
COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
CORPORATIONS -see also- MUNICIPAL CORPORATIONS
LIABILITY -see also- GOOD SAMARITAN
NOTICES
REAL ESTATE INVESTMENT TRUSTS
SECURITIES
Bill affects the following Statutes:
Corporations and Associations
( 2-309 , 2-407 , 2-411 , 2-604 , 2-605.1 , 2-607 , 3-410 , 3-411 , 3-412 , 3-418 , 8-601 , 8-601.1 )
Courts and Judicial Proceedings
( 5-417 , 5-419 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered