2007 Regular Session

HOUSE BILL 1234

File Code: Corporations and Associations Crossfiled with: SENATE BILL 1029
Sponsored By:
Delegate Feldman
Entitled:
Maryland General Corporation Law - Altering and Updating Corporate Procedures and Miscellaneous Provisions

Synopsis:

Repealing a provision requiring a corporation to give written notice of the amount, time, and place of payment on subscriptions to each subscriber; repealing specified provisions requiring that a call by the board of directors for payment on subscriptions be uniform as to stock of any class; clarifying that stockholders of a corporation formed on or after a specified date only have preemptive rights if the charter expressly provides for them; etc.

History by Legislative and Calendar Date

House Action
2/21
First Reading House Rules and Executive Nominations
3/5
Re-referred Economic Matters
3/7
Hearing 3/14 at 1:00 p.m.
3/22
Favorable with Amendments Report by Economic Matters
3/19
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/20
Third Reading Passed (137-0)
Senate Action
3/23
First Reading Judicial Proceedings

Bill indexed under the following Subjects:

Charters
Committees and Commissions -see also- Political Committees
Corporations -see also- Municipal Corps; Public Corps & Inst
Limited Liability Companies
Mergers and Acquisitions
Notices
Prices -see also- Consumer Price Index
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
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
House
Number: 223595/01     Offered on: March 22, 2007   at: 11:43 a.m.     Status: Adopted
Roll Call Vote (Legislative date is shown):
House
March 20, 2007: Third Reading Passed (137-0)