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Legislation


2008 Regular Session

SENATE BILL 548

File Code: Corporations and Associations Prior Year Introduction As: HB 1166/07 - ECM Crossfiled with: HOUSE BILL 154
Sponsored By:
Senator Gladden
Entitled:
Real Estate Investment Trusts - Definition and Share Information

Synopsis:

Altering the definition of "real estate investment trust" to clarify that the term means an unincorporated "business" trust or association formed under specified provisions of law; requiring a real estate investment trust, on request of the shareholder, to send without charge a written statement containing specified information for shares issued without certificates; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
Senate Action
2/1
First Reading Judicial Proceedings
2/6
Hearing 2/21 at 1:00 p.m.
3/4
Favorable Report by Judicial Proceedings
3/5
Favorable Report Adopted
Second Reading Passed
3/7
Third Reading Passed (45-0)
3/30
Returned Passed
House Action
3/10
First Reading Economic Matters
3/17
Hearing 3/27 at 1:00 p.m.
3/31
Favorable Report by Economic Matters
3/26
Favorable Report Adopted
Second Reading Passed
3/27
Third Reading Passed (138-0)
Action after passage in Senate and House
5/13
Approved by the Governor
- Chapter 418

Bill indexed under the following Subjects:

Business Trusts
Disclosure
Real Estate Investment Trusts
Securities

Bill affects the following Statutes:

Corporations and Associations
( 8-101 , 8-203 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
Senate
March 7, 2008: Third Reading Passed (45-0)
House
March 27, 2008: Third Reading Passed (138-0)
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