MD SB1056 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 18 2016 - 25% progression, died in committee
Action: 2016-03-17 - Hearing 3/17 at 1:00 p.m.
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 18 2016 - 25% progression, died in committee
Action: 2016-03-17 - Hearing 3/17 at 1:00 p.m.
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Establishing a process for the formation of a specified holding company through the merger of a Maryland parent corporation with or into a specified wholly owned subsidiary of the Maryland parent corporation; providing that a vote of the stockholders of the parent corporation is not necessary to authorize the merger except under specified circumstances; requiring that the merger be approved by a majority of the entire board of directors of the parent corporation; etc.
Title
Corporations - Formation of a Holding Company by Merger
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-03-17 | Senate | Hearing 3/17 at 1:00 p.m. |
2016-02-25 | Senate | Rereferred to Judicial Proceedings |
2016-02-18 | Senate | First Reading Senate Rules |
Subjects
Charters
Corporations
Corporations and Associations
Foreign Ownership
Income Tax
Mergers and Acquisitions
Real Estate Investment Trusts
Securities
Voting
Corporations
Corporations and Associations
Foreign Ownership
Income Tax
Mergers and Acquisitions
Real Estate Investment Trusts
Securities
Voting