Legislation
- Title
- Directors of Corporations - Duties and Standard of Conduct
- Sponsored by
- Delegate Waldstreicher
- Status
- In the House - Hearing 2/14 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Specifying that a certain statutory standard of conduct is the sole source of duties owed by a director of a corporation directly to the corporation and indirectly to the stockholders of the corporation; repealing a certain provision of law regarding the application of a certain statutory standard of conduct when a decision has been made to enter into a certain transaction; providing that certain provisions of law concerning the liability of a director of a corporation do not apply to certain actions; etc.
Committees
- Original:
- Economic Matters Click to view Recorded Media
Details
Bill File Type: Regular
Effective Date(s): October 1, 2018
History
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File Code
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Subjects
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Statutes
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(
2-405.1 )
Last Updated: 2/3/2020 2:31 PM