MD HB521 | 2015 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Engrossed on March 17 2015 - 50% progression, died in committee
Action: 2015-03-18 - First Reading Judicial Proceedings
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on March 17 2015 - 50% progression, died in committee
Action: 2015-03-18 - First Reading Judicial Proceedings
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Clarifying the duties of a director of a corporation and that the director must act in good faith, in a manner the director reasonably believes to be in the best interests of the corporation, and with the care that an ordinarily prudent person in a similar position would use under similar circumstances; clarifying that a director who acts in accordance with a specified provision of law shall have specified immunity from liability; etc.
Title
Corporations and Real Estate Investment Trusts - Directors and Trustees - Duties and Immunity From Liability
Sponsors
Roll Calls
2015-03-14 - House - House Floor - Third Reading Passed (140-0) (Y: 140 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2015-03-18 | Senate | First Reading Judicial Proceedings |
| 2015-03-17 | House | Third Reading Passed (140-0) |
| 2015-03-16 | House | Second Reading Passed |
| 2015-03-16 | House | Favorable Report Adopted |
| 2015-03-13 | House | Favorable Report by Economic Matters |
| 2015-02-25 | House | Hearing 2/25 at 1:00 p.m. |
| 2015-02-11 | House | First Reading Economic Matters |
Subjects
Corporations
Corporations and Associations
Liability
Real Estate Investment Trusts
Securities
Work, Labor and Employment
Corporations and Associations
Liability
Real Estate Investment Trusts
Securities
Work, Labor and Employment
