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Legislation


2002 Regular Session

HOUSE BILL 389

File Code: Corporations and Associations Prior Year Introduction As: HB 682/01 - ECM Crossfiled with: SENATE BILL 121
Sponsored By:
Delegates Barve and Brown
Entitled:
Maryland and Foreign Business Trusts

Synopsis:

Authorizing Maryland corporations registered under the Investment Company Act of 1940 to convert to a Maryland business trust; establishing procedures for the conversion; providing for the dissolution and winding up of the affairs of a series of a Maryland business trust under specified circumstances; specifying the procedure for changing the name of the resident agent of a Maryland business trust; requiring the certificate of trust of a Maryland business trust to contain specified information; etc.

History by Legislative Date

House Action
1/28
First Reading Economic Matters
2/8
Hearing 2/28 at 1:00 p.m.
3/4
Favorable Report by Economic Matters
3/5
Favorable Report Adopted
Second Reading Passed
3/8
Third Reading Passed (132-0)
Senate Action
3/11
First Reading Judicial Proceedings
3/28
Unfavorable Report by Judicial Proceedings
Sponsored by:
Delegate Kumar P. Barve, District 17
Delegate Anthony G. Brown, District 25
Bill indexed under the following Subjects:
AGENTS AND BROKERS
ATTORNEY GENERAL
BUSINESS TRUSTS
CIVIL ACTIONS -see also- SMALL CLAIMS
COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
CORPORATIONS -see also- MUNICIPAL CORPORATIONS
FEES -see also- DEVELOPMENT FEES AND TAXES
INTERNATIONAL AFFAIRS -see also- FOREIGN TRADE
INTERSTATE AFFAIRS
LIABILITY -see also- GOOD SAMARITAN
MERGERS
PENALTIES
PERSONAL PROPERTY
REAL ESTATE INVESTMENT TRUSTS
REGISTRATION -see also- MOTOR VEHICLE REGISTRATION
REPORTS
Bill affects the following Statutes:
Corporations and Associations
( 1-203 , 1-301 , 3-101 , 3-901 , 3-902 , 3-903 , 3-904 , 3-905 , 3-906 , 3-907 , 4A-101 , 8-103 , 8-501.1 , 8-501.1 , 12-101 , 12-102 , 12-202 , 12-203 , 12-204 , 12-207 , 12-207 , 12-302 , 12-303 , 12-303 , 12-403 , 12-404 , 12-901 , 12-902 , 12-903 , 12-904 , 12-905 , 12-906 , 12-907 , 12-908 , 12-909 , 12-910 , 12-911 , 12-912 )
Tax - Property
( 11-101 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Vote (Legislative date is shown):
House
March 8, 2002: Third Reading Passed (132-0)
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