File Code: Corporations and Associations
Crossfiled with: HOUSE BILL 743  
- Sponsored By: 
 - 
Senator Gladden
 
- Entitled: 
 - 
Maryland General Corporation Law - Altering and Updating Corporate Procedures
and Miscellaneous Provisions
 
Repealing a provision of law requiring a corporation to give specified
written notice of the amount, time, and place of payment on
subscriptions for stock to each subscriber; repealing a specified
provision of law requiring that a call by the board of directors for
payment on subscriptions be uniform as to all stock of the same class;
clarifying that stockholders of a corporation formed on or after
October 1, 1995, do not have specified preemptive rights unless the
charter expressly grants the rights; etc.
Legislative date is used to record
history occuring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/1
 - First Reading Judicial Proceedings
 - 2/6
 - Hearing 2/21 at 1:00 p.m.
 - 3/10
 - Favorable Report by Judicial Proceedings
 - 3/11
 - Favorable Report Adopted
 -      Second Reading Passed
 - 3/13
 - Third Reading Passed (45-0)
 - 3/30
 - Returned Passed
 
House Action
- 3/14
 - First Reading Economic Matters
 - 3/17
 - Hearing 3/27 at 1:00 p.m.
 - 3/31
 - Favorable Report by Economic Matters
 - 3/26
 - Favorable Report Adopted
 -      Second Reading Passed
 - 3/27
 - Third Reading Passed (138-0)
 
Action after passage in Senate and House
- 5/22
 - Vetoed by the Governor (Duplicative)
 
Bill indexed under the following Subjects:
- Charters
 - Committees and Commissions -see also- Political Committees
 - Corporations -see also- Municipal Corps; Public Corps & Inst
 - Disclosure
 - Liability -see also- Good Samaritan
 - Mergers and Acquisitions
 - Notices
 - Securities
 
Bill affects the following Statutes:
-   Corporations and Associations
 - (
 2-202 ,
 2-205 ,
 2-210 ,
 2-418 ,
 2-406 ,
 2-411 ,
 2-501 ,
 2-505 ,
 2-506 ,
 3-109 
)
 
- Bill Text (Displayed in PDF Format):
 First Reading,
Third Reading, Enrolled
 - Fiscal and Policy Note (Displayed in PDF Format):
 Available
 - Amendments:
None offered
 - Roll Call Votes (Legislative dates are shown):
 Senate
- March 13, 2008: Third Reading Passed  (45-0)
 
House 
- March 27, 2008: Third Reading Passed  (138-0)