File Code: Corporations and Associations
- Sponsored By:
-
Delegates Frank and Doory
- Entitled:
-
Corporations - Investment Companies - Directors
Providing that directors of corporations that are investment
companies, as defined by the Investment Company Act of 1940, who with
respect to the corporation are not interested persons, as also defined
by the Investment Company Act of 1940, shall be deemed to be
independent and disinterested for purposes of performing their duties;
and providing for the application of the Act.
House Action
- 1/30
- First Reading Economic Matters
- 2/4
- Hearing 2/19 at 1:00 p.m.
- 3/25
- Favorable with Amendments Report by Economic Matters
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/26
- Special Order 3/27 (Delegate Flanagan) Adopted
- 3/27
- Motion Special Order 3/28 (Delegate Flanagan) Rejected
- Third Reading Passed (83-36)
Senate Action
- 3/30
- First Reading Judicial Proceedings
- 4/1
- Hearing 4/7 at 1:00 p.m.
- 4/10
- Unfavorable Report by Judicial Proceedings
- Sponsored by:
- Delegate Robert L. Frank, District 11
- Delegate Ann Marie Doory, District 43
- Bill indexed under the following Subjects:
- CORPORATIONS -see also- MERGERS; MUNICIPAL CORPORATIONS
- INVESTMENTS -see also- SECURITIES
- Bill affects the following Statute:
- Corporations and Associations
- (
2-405.3
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 023176/1 (PDF) Offered on: March 25, 1998 at:
10:38 a.m. Status: Adopted
- Roll Call Vote (Legislative date is shown):
- House
- March 27, 1998: Third Reading Passed (83-36)
