MD HB295 | 2011 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Engrossed on March 4 2011 - 50% progression, died in committee
Action: 2011-03-07 - First Reading Judicial Proceedings
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Repealing provisions of law relating to dividends payable in shares of one class of a corporation's stock to holders of shares of another class of the corporation's stock; clarifying that all business and affairs of a corporation, whether or not in the ordinary course, must be managed under the direction of the corporation's board of directors; requiring each nominee for director of a corporation to have the qualifications required by the charter or bylaws of the corporation; etc.

Tracking Information

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Title

Corporations - Maryland General Corporation Law - Miscellaneous Provisions

Sponsors


Roll Calls

2011-03-04 - House - Third Reading Passed (Y: 138 N: 0 NV: 1 Abs: 2) [PASS]

History

DateChamberAction
2011-03-07 First Reading Judicial Proceedings
2011-03-04 Third Reading Passed (138-0)
2011-03-02 Second Reading Passed
2011-03-02 Favorable Report Adopted
2011-03-01 Favorable Report by Economic Matters
2011-02-09 Hearing 2/17 at 1:00 p.m.
2011-02-02 First Reading Economic Matters

Subjects


Maryland State Sources


Bill Comments

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