HOUSE BILL 776

CHAPTER NUMBER: 454 File Code: Corporations and Associations

Sponsored By:

Delegate Barve

Entitled:

Corporations - Electronic Transmissions

Synopsis:

Authorizing a corporation to give notice of a stockholders' meeting to a stockholder by transmitting the notice by electronic mail or by any other electronic or telephonic means; and clarifying that a stockholder may authorize another person to act as proxy by transmitting, or authorizing the transmission of, an authorization to act as proxy to specified persons by specified means.

History by Legislative Date

House Action

2/12

First Reading Economic Matters

2/17

Hearing 3/10 at 1:00 p.m.

3/23

Favorable with Amendments Report by Economic Matters

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/24

Third Reading Passed (136-0)

4/8

Return Passed

5/13

Signed by the Governor Chapter 454

Senate Action

3/25

First Reading Judicial Proceedings

3/31

Hearing 4/7 at 1:00 p.m.

4/9

Favorable Report by Judicial Proceedings

4/7

Favorable Report Adopted

Second Reading Passed

4/9

Third Reading Passed (47-0)

Bill indexed under the following Subjects:

CORPORATIONS -see also- MERGERS; MUNICIPAL CORPORATIONS

ELECTRONIC TRANSMISSION

NOTICES

SECURITIES

TELECOMMUNICATIONS -see also- TELEPHONES

Bill affects the following Statutes:

Corporations and Associations

( 2-504 , 2-507 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments:

House

Number: 803888/1 (PDF)     Offered on: March 23, 1999   at: 10:38 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

House

March 24, 1999: Third Reading Passed (136-0)

Senate

April 9, 1999: Third Reading Passed (47-0)