File Code: Corporations and Associations
- Sponsored By:
-
Delegate Feldman
- Entitled:
-
Corporations - Directors - Factors Considered in Best Interests of Corporation
Authorizing a director of a corporation, in considering the best
interests of the corporation and its shareholders, to consider
specified factors consistent with the business judgment rule,
including effects that the corporation's actions may have on potential
growth, development, productivity, and profitability of the
corporation, the economy of the State and the nation, the
corporation's employees, suppliers, customers, and creditors,
community and societal considerations, and the environment; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
House Action
- 1/15
- First Reading Economic Matters
- 2/9
- Unfavorable Report by Economic Matters Withdrawn
Senate Action
- No Action
Bill indexed under the following Subject:
- Corporations -see also- Municipal Corps; Public Corps & Inst
Bill affects the following Statute:
- Corporations and Associations
- (
2-405.1
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Not available at this time
- Amendments:
None offered
-
Committee Votes :
House
- Economic Matters
