Legislation

Title: Corporations and Associations – Definitions, Emergencies, and Outstanding Stock – Revisions
Sponsored by: Delegate Amprey
Status: Approved by the Governor - Chapter 608
Analysis: Fiscal and Policy Note

Synopsis

Altering certain definitions as they relate to certain Maryland business entities; authorizing a corporation to adopt certain emergency bylaws; authorizing a corporation to take certain actions during an emergency; limiting the liability of certain persons for certain corporate acts taken during an emergency; and clarifying when certain stock is outstanding.

Committees

Original:: Economic Matters Click to view Recorded Media

Opposite:: Judicial Proceedings

Committee Testimony

Witness List

Details

Cross-filed with: SB0400

Bill File Type: Regular

Effective Date(s): October 1, 2024

History

Legislation History
Chamber House Calendar Date 1/31/2024 Legislative Date 1/31/2024 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Corporations and Associations – Definitions, Emergencies, and Outstanding Stock – Revisions Proceedings
Chamber House Calendar Date 2/01/2024 Legislative Date 2/01/2024 Action Hearing 2/20 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/04/2024 Legislative Date 3/04/2024 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 3/05/2024 Legislative Date 2/26/2024 Action Favorable Adopted Second Reading Passed Proceedings 36BClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Corporations and Associations – Definitions, Emergencies, and Outstanding Stock – Revisions Proceedings
Chamber House Calendar Date 3/07/2024 Legislative Date 2/28/2024 Action Third Reading Passed (141-0) Proceedings 38 Click to view Recorded Media
Chamber Senate Calendar Date 3/08/2024 Legislative Date 2/25/2024 Action Referred Judicial Proceedings Proceedings 41 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Judicial Proceedings Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 4/01/2024 Legislative Date 4/01/2024 Action Favorable Report by Judicial Proceedings Proceedings
Chamber Senate Calendar Date 4/01/2024 Legislative Date 3/15/2024 Action Favorable Adopted Second Reading Passed Proceedings 60 Click to view Recorded Media
Chamber Senate Calendar Date 4/03/2024 Legislative Date 3/18/2024 Action Third Reading Passed (47-0) Proceedings 63 Click to view Recorded Media
Chamber House Calendar Date 4/04/2024 Legislative Date 3/22/2024 Action Returned Passed Proceedings 61 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/09/2024 Legislative Date 5/09/2024 Action Approved by the Governor - Chapter 608 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Corporations and Associations – Definitions, Emergencies, and Outstanding Stock – Revisions Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/31/2024	1/31/2024	First Reading Economic Matters
			Text - First - Corporations and Associations – Definitions, Emergencies, and Outstanding Stock – Revisions
House	2/01/2024	2/01/2024	Hearing 2/20 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/04/2024	3/04/2024	Favorable Report by Economic Matters
House	3/05/2024	2/26/2024	Favorable Adopted Second Reading Passed	36BClick to view Recorded Media
			Text - Third - Corporations and Associations – Definitions, Emergencies, and Outstanding Stock – Revisions
House	3/07/2024	2/28/2024	Third Reading Passed (141-0)	38 Click to view Recorded Media
Senate	3/08/2024	2/25/2024	Referred Judicial Proceedings	41 Click to view Recorded Media
			Vote - Senate - Committee - Judicial Proceedings	Click to view Recorded Media
Senate	4/01/2024	4/01/2024	Favorable Report by Judicial Proceedings
Senate	4/01/2024	3/15/2024	Favorable Adopted Second Reading Passed	60 Click to view Recorded Media
Senate	4/03/2024	3/18/2024	Third Reading Passed (47-0)	63 Click to view Recorded Media
House	4/04/2024	3/22/2024	Returned Passed	61 Click to view Recorded Media
Post Passage	5/09/2024	5/09/2024	Approved by the Governor - Chapter 608
			Text - Chapter - Corporations and Associations – Definitions, Emergencies, and Outstanding Stock – Revisions

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Statutes