MD HB100 | 2010 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 15 2010 - 25% progression, died in chamber
Action: 2010-02-09 - Unfavorable Report by Economic Matters Withdrawn
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 15 2010 - 25% progression, died in chamber
Action: 2010-02-09 - Unfavorable Report by Economic Matters Withdrawn
Text: Latest bill text (Introduced) [PDF]
Summary
Authorizing a director of a corporation, in considering the best interests of the corporation and its shareholders, to consider specified factors consistent with the business judgment rule, including effects that the corporation's actions may have on potential growth, development, productivity, and profitability of the corporation, the economy of the State and the nation, the corporation's employees, suppliers, customers, and creditors, community and societal considerations, and the environment; etc.
Title
Corporations - Directors - Factors Considered in Best Interests of Corporation
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-02-09 | Unfavorable Report by Economic Matters Withdrawn | |
| 2010-01-15 | First Reading Economic Matters |
Subjects
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2010rs/billfile/HB0100.htm |
| Text | http://mlis.state.md.us/2010rs/bills/hb/hb0100f.pdf |
