Maryland House Bill 973 (Prior Session Legislation)

---

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

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.

Directors of Corporations - Duties and Standard of Conduct

Sen. Jeff Waldstreicher [D]

Date	Chamber	Action
2018-02-14	House	Hearing 2/14 at 1:00 p.m.
2018-02-05	House	First Reading Economic Matters

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0973?ys=2018rs
Text	https://mgaleg.maryland.gov/2018RS/bills/hb/hb0973f.pdf
Supplement	https://mgaleg.maryland.gov/2018RS/fnotes/bil_0003/hb0973.pdf