File Code: Corporations and Associations
- Sponsored By:
-
Delegate Frank
- Entitled:
-
Corporations and Real Estate Investment Trusts - Extraordinary Actions
Allowing specified amendments to be made to the charter of a
corporation or to the declaration of trust of a real estate investment
trust without stockholder or shareholder approval; allowing a Maryland
corporation to consolidate with and merge into a corporation or
business trust organized under the laws of a foreign country;
clarifying that a specified merger need be approved by a Maryland
successor corporation only by a majority of its entire board of
directors under specified circumstances; etc.
House Action
- 1/30
- First Reading Economic Matters
- 2/4
- Hearing 2/19 at 1:00 p.m.
- 3/24
- Favorable with Amendments Report by Economic Matters
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/26
- Third Reading Passed (123-11)
Senate Action
- 3/27
- First Reading Judicial Proceedings
- 4/1
- Hearing 4/7 at 1:00 p.m.
- 4/10
- Unfavorable Report by Judicial Proceedings
- Bill indexed under the following Subjects:
- CHARTERS
- CORPORATIONS -see also- MERGERS; MUNICIPAL CORPORATIONS
- INTERNATIONAL AFFAIRS -see also- FOREIGN TRADE
- MERGERS
- REAL ESTATE INVESTMENT TRUSTS
- Bill affects the following Statutes:
- Corporations and Associations
- (
2-105 ,
2-306 ,
2-604 ,
2-605 ,
2-607 ,
3-101 ,
3-105 ,
3-106 ,
3-202 ,
3-203 ,
8-202 ,
8-501 ,
8-501.1
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 293773/1 (PDF) Offered on: March 24, 1998 at:
10:26 a.m. Status: Adopted
- Roll Call Vote (Legislative date is shown):
- House
- March 26, 1998: Third Reading Passed (123-11)
