MD HB973 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 5 2018 - 25% progression
Action: 2018-02-14 - Hearing 2/14 at 1:00 p.m.
Pending: House Economic Matters Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Specifying that a certain statutory standard of conduct is the sole source of duties owed by a director of a corporation directly to the corporation and indirectly to the stockholders of the corporation; repealing a certain provision of law regarding the application of a certain statutory standard of conduct when a decision has been made to enter into a certain transaction; providing that certain provisions of law concerning the liability of a director of a corporation do not apply to certain actions; etc.

Tracking Information

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Title

Directors of Corporations - Duties and Standard of Conduct

Sponsors


History

DateChamberAction
2018-02-14HouseHearing 2/14 at 1:00 p.m.
2018-02-05HouseFirst Reading Economic Matters

Subjects


Maryland State Sources


Bill Comments

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