File Code: Corporations and Associations
Crossfiled with: HOUSE BILL 378
- Sponsored By:
-
Senators Forehand and Garagiola
- Entitled:
-
Corporations - Corporate Documents, Distributions, Fractional Shares, and
Redemption of Stock
Repealing the requirement that the original or a certified copy of the
bylaws of a corporation, including amendments, be kept at the
corporation's principal office; authorizing a corporation to eliminate
fractional shares of stock by rounding up, but not down, to a full
share; increasing the amount of the aggregate net asset value of
shares that a corporation may redeem from a stockholder under
specified circumstances; authorizing a corporation to make
distributions from net earnings under specified circumstances; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/6
- First Reading Judicial Proceedings
- 2/11
- Hearing 3/5 at 1:00 p.m.
- 3/16
- Favorable with Amendments Report by Judicial Proceedings
- 3/17
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/19
- Third Reading Passed (44-0)
- 4/10
- Senate Concur - House Amendments
- Third Reading Passed (46-0)
- Passed Enrolled
House Action
- 3/20
- First Reading Economic Matters
- 3/25
- Hearing 4/1 at 1:00 p.m.
- 4/11
- Favorable with Amendments Report by Economic Matters
- 4/6
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/8
- Third Reading Passed with Amendments (137-0)
Action after passage in Senate and House
- 5/7
- Approved by the Governor
- - Chapter 295
Sponsored by:
- Senator Jennie M. Forehand, District 17
- Senator Rob Garagiola, District 15
Bill indexed under the following Subjects:
- Corporations -see also- Municipal Corps; Public Corps & Inst
- Disclosure
- Records -see also- Land Records; Vital Records
- Reports
- Securities
Bill affects the following Statutes:
- Corporations and Associations
- (
2-110 ,
2-214 ,
2-308 ,
2-310.1 ,
2-311 ,
2-313 ,
2-510 ,
2-512
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled, Chapter
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments (Displayed in PDF Format):
Senate
- Number: 108774/01 Offered on: March 17, 2009 at:
11:03 a.m. Status: Adopted
House
- Number: 753490/01 Offered on: April 11, 2009 at:
12:24 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
Senate
- March 19, 2009: Third Reading Passed (44-0)
- April 10, 2009: Third Reading Passed (46-0)
House
- April 8, 2009: Third Reading Passed (137-0)