2003 Regular Session

SENATE BILL 495

CHAPTER NUMBER: 387 File Code: Corporations and Associations Crossfiled with: HOUSE BILL 549
Sponsored By:
Senator Garagiola
Entitled:
Corporations - Directors and Stockholders - Meetings, Notices, and Consents

Synopsis:

Providing that specified actions by the board of directors of a Maryland corporation, a committee of the board, or the stockholders of the corporation may be taken by a specified consent given in writing or by electronic transmission and filed in paper or electronic form in specified locations; providing that meetings of the board of directors of a Maryland corporation may be held by means of remote communication; etc.

History by Legislative Date

Senate Action
1/31
First Reading Judicial Proceedings
2/5
Hearing 3/5 at 1:00 p.m.
3/17
Favorable with Amendments Report by Judicial Proceedings
3/18
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/20
Third Reading Passed (46-0)
4/2
Returned Passed
5/22
Signed by the Governor Chapter 387
House Action
3/20
First Reading Economic Matters
3/25
Hearing 3/27 at 1:00 p.m.
4/2
Favorable Report by Economic Matters
3/29
Favorable Report Adopted
Second Reading Passed
3/30
Third Reading Passed (136-0)
Bill indexed under the following Subjects:
CHARTERS
COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
CORPORATIONS -see also- MUNICIPAL CORPORATIONS
ELECTRONIC COMMERCE -see also- ELECTRONIC FUNDS TRANSFER
NOTICES
TELECOMMUNICATIONS -see also- TELEPHONES
VOTING -see also- BALLOTS; ELECTIONS
Bill affects the following Statutes:
Corporations and Associations
( 1-101 , 1-101 , 2-408 , 2-409 , 2-502 , 2-502.1 , 2-503 , 2-504 , 2-504.1 , 2-505 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 328074/01 (PDF)     Offered on: March 18, 2003   at: 11:24 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 20, 2003: Third Reading Passed (46-0)
House
March 30, 2003: Third Reading Passed (136-0)