Legislation - SB0992

Establishing a process for and certain exceptions to the transfer of assets that are collateral for securing a mortgage, pledge, or security interest without the approval of the stockholders; and repealing provisions of law specifying what shall be included in the articles of merger if a limited partnership or limited liability company is a party to the articles.

Committees

Original:: Judicial Proceedings Click to view Recorded Media

Opposite:: Rules and Executive Nominations

Committee Testimony

Witness List

Details

Cross-filed with: HB1171

Bill File Type: Regular

Effective Date(s): October 1, 2025

History

Legislation History
Chamber Senate Calendar Date 2/07/2025 Legislative Date 2/01/2025 Action First Reading Senate Rules Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Corporations and Associations - Revisions Proceedings
Chamber Senate Calendar Date 3/06/2025 Legislative Date 3/06/2025 Action Rereferred to Judicial Proceedings Proceedings
Chamber Senate Calendar Date 3/06/2025 Legislative Date 3/06/2025 Action Hearing 3/11 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Judicial Proceedings Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/26/2025 Legislative Date 3/26/2025 Action Favorable with Amendments Report by Judicial Proceedings Proceedings
Chamber Senate Calendar Date 3/26/2025 Legislative Date 3/08/2025 Action Favorable with Amendments {923422/1 Adopted Proceedings 56 Click to view Recorded Media
Chamber Senate Calendar Date 3/26/2025 Legislative Date 3/08/2025 Action Second Reading Passed with Amendments Proceedings 56 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Corporations and Associations - Revisions Proceedings
Chamber Senate Calendar Date 3/27/2025 Legislative Date 3/09/2025 Action Third Reading Passed (43-0) Proceedings 57 Click to view Recorded Media
Chamber House Calendar Date 3/28/2025 Legislative Date 3/13/2025 Action Referred Rules and Executive Nominations Proceedings 53 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/07/2025	2/01/2025	First Reading Senate Rules
			Text - First - Corporations and Associations - Revisions
Senate	3/06/2025	3/06/2025	Rereferred to Judicial Proceedings
Senate	3/06/2025	3/06/2025	Hearing 3/11 at 1:00 p.m.
			Vote - Senate - Committee - Judicial Proceedings	Click to view Recorded Media
Senate	3/26/2025	3/26/2025	Favorable with Amendments Report by Judicial Proceedings
Senate	3/26/2025	3/08/2025	Favorable with Amendments {923422/1 Adopted	56 Click to view Recorded Media
Senate	3/26/2025	3/08/2025	Second Reading Passed with Amendments	56 Click to view Recorded Media
			Text - Third - Corporations and Associations - Revisions
Senate	3/27/2025	3/09/2025	Third Reading Passed (43-0)	57 Click to view Recorded Media
House	3/28/2025	3/13/2025	Referred Rules and Executive Nominations	53 Click to view Recorded Media

File Code

Subjects

Statutes