MD SB459 | 2015 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 6 2015 - 25% progression, died in committee
Action: 2015-03-18 - Hearing 3/18 at 1:00 p.m.
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 6 2015 - 25% progression, died in committee
Action: 2015-03-18 - Hearing 3/18 at 1:00 p.m.
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Introduced) [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
History
| Date | Chamber | Action |
|---|---|---|
| 2015-03-18 | Senate | Hearing 3/18 at 1:00 p.m. |
| 2015-03-05 | Senate | Hearing cancelled |
| 2015-03-05 | Senate | Hearing 3/05 at 1:00 p.m. |
| 2015-02-06 | Senate | First Reading Judicial Proceedings |
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
