SB1056

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Corporations - Formation of a Holding Company by Merger

Sponsored by:

Senator Feldman

Status:

In the Senate - Hearing 3/17 at 1:00 p.m.


Synopsis:Establishing a process for the formation of a specified holding company through the merger of a Maryland parent corporation with or into a specified wholly owned subsidiary of the Maryland parent corporation; providing that a vote of the stockholders of the parent corporation is not necessary to authorize the merger except under specified circumstances; requiring that the merger be approved by a majority of the entire board of directors of the parent corporation; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senator Feldman
Additional Facts:Cross-filed with: HB1513
Bill File Type: Regular
Effective Date(s): October 1, 2016
Committee(s):
Judicial Proceedings  View Committee Hearing
Broad Subject(s):Corporations and Associations
Narrow Subject(s):Charters
Corporations -see also- Municipal Corps; Public Corps & Inst
Foreign Ownership
Income Tax
Mergers and Acquisitions
Real Estate Investment Trusts
Securities
Voting -see also- Ballots; Elections
Statutes:Article - Corporations and Associations
(8-501.1, 3-106.2)

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October 24, 2017 5:11 P.M.