2000 Regular Session

SENATE BILL 641

File Code: Corporations and Associations Crossfiled with: HOUSE BILL 650
Sponsored By:
Senator Baker
Entitled:
Corporations - Investment Companies - Directors

Synopsis:

Clarifying that service as a director or trustee of specified investment companies and other entities, or the receipt of fees or other compensation for that service, may not be considered in determining whether a director is independent or disinterested; defining a term; and providing for the application of the Act.

History by Legislative Date

Senate Action
2/4
First Reading Judicial Proceedings
2/9
Hearing 2/24 at 1:00 p.m.
2/22
Hearing cancelled
3/14
Withdrawn
House Action
No Action
Bill indexed under the following Subjects:
CORPORATIONS -see also- MUNICIPAL CORPORATIONS
ETHICS
FEES -see also- DEVELOPMENT FEES AND TAXES
INVESTMENTS -see also- SECURITIES
SALARIES -see also- OVERTIME
Bill affects the following Statute:
Corporations and Associations
( 2-405.3 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered