File Code: Corporations and Associations
Crossfiled with: HOUSE BILL 1009  
- Sponsored By: 
 - 
Senators Raskin and Frosh
 
- Entitled: 
 - 
Corporations - Benefit Corporation
 
Authorizing a corporation to elect to be a specified benefit
corporation by amending or including in the charter of the corporation
a statement that the corporation is a benefit corporation; requiring
the election to be approved by the stockholders in a specified manner;
authorizing a corporation to terminate status as a benefit corporation
in a specified manner; requiring that clear reference to the fact that
a corporation is a benefit corporation appear prominently in a
specified charter document; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/10
 - First Reading Judicial Proceedings
 -      Hearing 2/24 at 1:00 p.m.
 - 3/22
 - Favorable with Amendments Report by Judicial Proceedings
 - 3/25
 - Favorable with Amendments Report Adopted
 -      Second Reading Passed with Amendments
 - 3/26
 - Third Reading Passed (44-0)
 - 4/6
 - Returned Passed
 
House Action
- 3/23
 - First Reading Economic Matters
 - 3/31
 - Hearing 4/6 at 1:00 p.m.
 - 4/8
 - Favorable Report by Economic Matters
 - 4/1
 - Favorable Report Adopted
 -      Second Reading Passed
 - 4/3
 - Third Reading Passed (125-13)
 
Action after passage in Senate and House
- 4/13
 - Approved by the Governor
 -      - Chapter 97
 
Sponsored by:
- Senator Jamie Raskin, District 20
 - Senator Brian E. Frosh, District 16
 
Bill indexed under the following Subjects:
- Charters
 - Corporations -see also- Municipal Corps; Public Corps & Inst
 - Disclosure
 - Electronic Commerce -see also- Electronic Funds Transfer
 - Liability -see also- Good Samaritan
 - Public Information
 - Reports
 - Securities
 
Bill affects the following Statutes:
-   Corporations and Associations
 - (
 5-6C-01 ,
 5-6C-02 ,
 5-6C-03 ,
 5-6C-04 ,
 5-6C-05 ,
 5-6C-06 ,
 5-6C-07 ,
 5-6C-08 
)
 
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
 First Reading,
Third Reading, Enrolled, Chapter
 - Fiscal and Policy Note:
 Available
 - Amendments:
 Senate
- Number: 318370/01     Offered on: March 25, 2010      at:
12:22 p.m.     Status: Adopted
 
- 
Committee Votes :
 
 Senate
- Judicial Proceedings
 
House 
- Economic Matters
 
- Roll Call Votes (Legislative dates are shown):
 Senate
- March 26, 2010: Third Reading Passed  (44-0)
 
House 
- April 3, 2010: Third Reading Passed  (125-13)