File Code: Corporations and Associations
Crossfiled with: HOUSE BILL 728
- Sponsored By:
-
Senator Gladden
- Entitled:
-
Corporations - Objecting Stockholders - Right to Fair Value of Stock
Altering the circumstances under which a stockholder of a Maryland
corporation who objects to specified transactions may demand and
receive the fair value of the stockholder's stock; authorizing a
stockholder to demand the fair value of stock listed on a national
securities exchange under specified circumstances; altering the
definition of "beneficial owner" under the Maryland Business
Combination Act to exclude, under specified circumstances, a person
that holds a revocable proxy from a stockholder; etc.
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)
- 3/31
- Senate Concur - House Amendment
- Third Reading Passed (47-0)
- Passed Enrolled
House Action
- 3/10
- First Reading Economic Matters
- 3/17
- Hearing 3/27 at 1:00 p.m.
- 3/31
- Favorable with Amendments Report by Economic Matters
- 3/26
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/27
- Third Reading Passed with Amendments (131-7)
Action after passage in Senate and House
- 4/24
- Approved by the Governor
- - Chapter 191
Bill indexed under the following Subjects:
- Appraisals
- Corporations -see also- Municipal Corps; Public Corps & Inst
- Mergers and Acquisitions
- Securities
Bill affects the following Statutes:
- Corporations and Associations
- (
3-201 ,
3-202 ,
3-202 ,
3-601 ,
3-601
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled, Chapter
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments (Displayed in PDF Format):
House
- Number: 683295/01 Offered on: April 1, 2008 at:
11:20 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
Senate
- March 7, 2008: Third Reading Passed (45-0)
- March 31, 2008: Third Reading Passed (47-0)
House
- March 27, 2008: Third Reading Passed (131-7)
