MD SB544 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on May 9 2024 - 100% progression
Action: 2024-05-09 - Approved by the Governor - Chapter 604
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Bipartisan Bill
Status: Passed on May 9 2024 - 100% progression
Action: 2024-05-09 - Approved by the Governor - Chapter 604
Text: Latest bill text (Chaptered) [PDF]
Summary
Altering the process by which a defective corporate act may be ratified; and altering rules for certain legal actions by persons claiming to be adversely affected by a ratification.
Title
Corporations and Associations - Ratification of Defective Corporate Acts - Alterations
Sponsors
Roll Calls
2024-04-02 - House - Third Reading Passed (Y: 136 N: 0 NV: 2 Abs: 3) [PASS]
2024-03-14 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2024-03-14 - Senate - Third Reading Passed (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-05-09 | Senate | Approved by the Governor - Chapter 604 |
| 2024-04-03 | Senate | Returned Passed |
| 2024-04-02 | House | Third Reading Passed (136-0) |
| 2024-03-28 | House | Second Reading Passed |
| 2024-03-28 | House | Favorable Adopted |
| 2024-03-28 | House | Favorable Report by Economic Matters |
| 2024-03-15 | House | Referred Economic Matters |
| 2024-03-14 | Senate | Third Reading Passed (46-0) |
| 2024-03-12 | Senate | Second Reading Passed |
| 2024-03-12 | Senate | Favorable Adopted |
| 2024-03-11 | Senate | Favorable Report by Judicial Proceedings |
| 2024-01-31 | Senate | Hearing 2/22 at 1:00 p.m. |
| 2024-01-25 | Senate | First Reading Judicial Proceedings |
Same As/Similar To
HB888 (Crossfiled) 2024-05-09 - Approved by the Governor - Chapter 605
Subjects
Associations
Charters
Corporations
Corporations and Associations
Courts
Disclosure
Investments
meetings
Notices
Securities
Voting
Charters
Corporations
Corporations and Associations
Courts
Disclosure
Investments
meetings
Notices
Securities
Voting
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Corporations and Associations | 2 | 701 | (n/a) | See Bill Text |
| Corporations and Associations | 2 | 702 | (n/a) | See Bill Text |
| Corporations and Associations | 2 | 703 | (n/a) | See Bill Text |
| Corporations and Associations | 2 | 704 | (n/a) | See Bill Text |
| Corporations and Associations | 2 | 705 | (n/a) | See Bill Text |
| Corporations and Associations | 2 | 706 | (n/a) | See Bill Text |
| Corporations and Associations | 2 | 707 | (n/a) | See Bill Text |
