MD SB364 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 3 2011 - 25% progression, died in committee
Action: 2011-02-09 - Hearing 3/9 at 1:00 p.m.
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 3 2011 - 25% progression, died in committee
Action: 2011-02-09 - Hearing 3/9 at 1:00 p.m.
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Repealing provisions of law relating to dividends payable in shares of one class of a corporation's stock to holders of shares of another class of the corporation's stock; clarifying that all business and affairs of a corporation, whether or not in the ordinary course, must be managed under the direction of the corporation's board of directors; requiring each nominee for director of a corporation to have the qualifications required by the charter or bylaws of the corporation; etc.
Title
Corporations - Maryland General Corporation Law - Miscellaneous Provisions
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2011-02-09 | Hearing 3/9 at 1:00 p.m. | |
| 2011-02-03 | First Reading Judicial Proceedings |
Subjects
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2011rs/billfile/SB0364.htm |
| Text | http://mlis.state.md.us/2011rs/bills/sb/sb0364f.pdf |
