2008 Regular Session

HOUSE BILL 743

File Code: Corporations and Associations Crossfiled with: SENATE BILL 696
Sponsored By:
Delegate Feldman
Entitled:
Maryland General Corporation Law - Altering and Updating Corporate Procedures and Miscellaneous Provisions

Synopsis:

Repealing a provision of law requiring a corporation to give specified written notice of the amount, time, and place of payment on subscriptions for stock to each subscriber; repealing a specified provision of law requiring that a call by the board of directors for payment on subscriptions be uniform as to all stock of the same class; clarifying that stockholders of a corporation formed on or after October 1, 1995, do not have specified preemptive rights unless the charter expressly grants the rights; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
House Action
2/4
First Reading Economic Matters
2/13
Hearing 3/13 at 1:00 p.m.
3/17
Favorable Report by Economic Matters
3/15
Favorable Report Adopted
Second Reading Passed
3/16
Third Reading Passed (135-0)
3/28
Returned Passed
Senate Action
3/20
First Reading Judicial Proceedings
3/31
Favorable Report by Judicial Proceedings
3/28
Favorable Report Adopted
Second Reading Passed
3/29
Third Reading Passed (47-0)
Action after passage in House and Senate
4/24
Approved by the Governor
- Chapter 292

Bill indexed under the following Subjects:

Charters
Committees and Commissions -see also- Political Committees
Corporations -see also- Municipal Corps; Public Corps & Inst
Disclosure
Liability -see also- Good Samaritan
Mergers and Acquisitions
Notices
Securities

Bill affects the following Statutes:

Corporations and Associations
( 2-202 , 2-205 , 2-210 , 2-406 , 2-411 , 2-418 , 2-501 , 2-505 , 2-506 , 3-109 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
House
March 16, 2008: Third Reading Passed (135-0)
Senate
March 29, 2008: Third Reading Passed (47-0)