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Legislation


1999 Regular Session

HOUSE BILL 775

CHAPTER NUMBER: 453 File Code: Corporations and Associations
Sponsored By:
Delegate Barve
Entitled:
Corporations - Investment Companies

Synopsis:

Providing that specified shares of stock acquired by an investment company may be held by the investment company in a fiduciary capacity under certain circumstances; providing that the investment company may exercise voting rights, receive distributions, and be allocated other rights under specified circumstances; etc.

History by Legislative Date

House Action
2/12
First Reading Economic Matters
2/17
Hearing 3/10 at 1:00 p.m.
3/23

Favorable with Amendments Report by Economic Matters
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/24
Third Reading Passed (136-0)
4/8
Return Passed
5/13
Signed by the Governor Chapter 453
Senate Action
3/25
First Reading Judicial Proceedings
3/31
Hearing 4/7 at 1:00 p.m.
4/9
Favorable Report by Judicial Proceedings
4/7
Favorable Report Adopted
Second Reading Passed
4/9
Third Reading Passed (47-0)
Bill indexed under the following Subjects:
CORPORATIONS -see also- MERGERS; MUNICIPAL CORPORATIONS
INVESTMENTS -see also- SECURITIES
SECURITIES
Bill affects the following Statutes:
Corporations and Associations
( 2-112 , 2-310.2 , 2-604 , 3-403 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 213389/1 (PDF)     Offered on: March 23, 1999   at: 10:37 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 24, 1999: Third Reading Passed (136-0)
Senate
April 9, 1999: Third Reading Passed (47-0)
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