CHAPTER NUMBER: 395
File Code: Corporations and Associations
- Sponsored By:
-
Delegate Barve
- Entitled:
-
Corporations and Real Estate Investment Trusts - Powers of
Corporations and Boards of Directors - Extraordinary Actions
Altering the power of a corporation to make gifts or contributions;
allowing a corporation to issue stock or other securities without
consideration of any kind under specified circumstances; allowing
specified amendments to be made to the charter of a corporation or to
the declaration of trust of a real estate investment trust without
stockholder or shareholder approval; allowing a corporation to
consolidate with and merge into a corporation or business trust
organized under the laws of a foreign country; etc.
House Action
- 1/28
- First Reading Economic Matters
- 2/3
- Hearing 2/16 at 1:00 p.m.
- 2/23
- Favorable with Amendments Report by Economic Matters
- 2/24
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 2/26
- Third Reading Passed (130-4)
- 4/6
- House Concur - Senate Amendments
- Third Reading Passed (126-9)
- Passed Enrolled
- 5/13
- Signed by the Governor Chapter 395
Senate Action
- 3/1
- First Reading Judicial Proceedings
- 3/24
- Hearing 3/31 at 1:00 p.m.
- 4/5
- Favorable with Amendments Report by Judicial Proceedings
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/6
- Third Reading Passed with Amendments (46-0)
- Bill indexed under the following Subjects:
- CHARTERS
- CORPORATIONS -see also- MERGERS; MUNICIPAL CORPORATIONS
- GIFTS
- INTERNATIONAL AFFAIRS -see also- FOREIGN TRADE
- MERGERS
- REAL ESTATE INVESTMENT TRUSTS
- SECURITIES
- Bill affects the following Statutes:
- Corporations and Associations
- (
2-103 ,
2-105 ,
2-203 ,
2-306 ,
2-604 ,
2-605 ,
2-607 ,
3-101 ,
3-105 ,
3-106 ,
3-202 ,
3-203 ,
8-202 ,
8-501 ,
8-501.1 ,
8-501.1
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled (PDF)
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 133385/1 (PDF) Offered on: February 24, 1999 at:
10:21 a.m. Status: Adopted
- Senate
- Number: 818861/1 (PDF) Offered on: April 6, 1999 at:
11:38 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- House
- February 26, 1999: Third Reading Passed (130-4)
- April 6, 1999: Third Reading Passed (126-9)
- Senate
- April 6, 1999: Third Reading Passed (46-0)