File Code: Corporations and Associations
Crossfiled with: SENATE BILL 626
- Sponsored By:
-
Delegate Feldman
- Entitled:
-
Corporations - Corporate Documents, Distributions, Fractional Shares, and
Redemption of Stock
Repealing the requirement that the original or a certified copy of the
bylaws of a corporation, including amendments, be kept at the
corporation's principal office; authorizing a corporation to eliminate
fractional shares of stock by rounding up, but not down, to a full
share; increasing the amount of the aggregate net asset value of
shares that a corporation may redeem from a stockholder under
specified circumstances; authorizing a corporation to make
distributions from net earnings under specified circumstances; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
House Action
- 2/2
- First Reading Economic Matters
- 2/4
- Hearing 2/11 at 1:00 p.m.
- 2/17
- Favorable with Amendments Report by Economic Matters
- 2/18
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 2/20
- Third Reading Passed (136-0)
- 4/8
- House Concur - Senate Amendments
- Third Reading Passed (136-0)
- Passed Enrolled
Senate Action
- 2/23
- First Reading Judicial Proceedings
- 3/20
- Hearing 3/31 at 1:00 p.m.
- 4/9
- Favorable with Amendments Report by Judicial Proceedings
- 4/5
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/6
- Third Reading Passed with Amendments (45-0)
Action after passage in House and Senate
- 5/7
- Approved by the Governor
- - Chapter 296
Bill indexed under the following Subjects:
- Corporations -see also- Municipal Corps; Public Corps & Inst
- Disclosure
- Records -see also- Land Records; Vital Records
- Reports
- Securities
Bill affects the following Statutes:
- Corporations and Associations
- (
2-110 ,
2-214 ,
2-308 ,
2-310.1 ,
2-311 ,
2-313 ,
2-510 ,
2-512
)
- 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: 383192/01 Offered on: February 18, 2009 at:
10:13 a.m. Status: Adopted
Senate
- Number: 718373/01 Offered on: April 9, 2009 at:
12:28 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
House
- February 20, 2009: Third Reading Passed (136-0)
- April 8, 2009: Third Reading Passed (136-0)
Senate
- April 6, 2009: Third Reading Passed (45-0)
