MD SB400 | 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 609
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 609
Text: Latest bill text (Chaptered) [PDF]
Summary
Altering certain definitions as they relate to certain Maryland business entities; authorizing a corporation to adopt certain emergency bylaws; authorizing a corporation to take certain actions during an emergency; limiting the liability of certain persons for certain corporate acts taken during an emergency; and clarifying when certain stock is outstanding.
Title
Corporations and Associations – Definitions, Emergencies, and Outstanding Stock – Revisions
Sponsors
Roll Calls
2024-04-02 - House - Third Reading Passed (Y: 137 N: 0 NV: 1 Abs: 3) [PASS]
2024-03-14 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]
2024-03-14 - Senate - Third Reading Passed (Y: 45 N: 0 NV: 0 Abs: 2) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-05-09 | Senate | Approved by the Governor - Chapter 609 |
| 2024-04-03 | Senate | Returned Passed |
| 2024-04-02 | House | Third Reading Passed (137-0) |
| 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 (45-0) |
| 2024-03-12 | Senate | Second Reading Passed |
| 2024-03-12 | Senate | Favorable Adopted |
| 2024-03-11 | Senate | Favorable Report by Judicial Proceedings |
| 2024-01-18 | Senate | Hearing 2/07 at 2:00 p.m. |
| 2024-01-18 | Senate | First Reading Judicial Proceedings |
Same As/Similar To
HB749 (Crossfiled) 2024-05-09 - Approved by the Governor - Chapter 608
Subjects
Associations
Charters
Commerce and Business
Corporations
Corporations and Associations
Electronic Communication
Emergencies
Investments
Limited Liability Companies
meetings
Notices
Real Estate
Securities
Time
Virtual Environments
Charters
Commerce and Business
Corporations
Corporations and Associations
Electronic Communication
Emergencies
Investments
Limited Liability Companies
meetings
Notices
Real Estate
Securities
Time
Virtual Environments
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Corporations and Associations | 1 | 101 | (n/a) | See Bill Text |
| Corporations and Associations | 2 | 101 | (n/a) | See Bill Text |
| Corporations and Associations | 2 | 116 | (n/a) | See Bill Text |
| Corporations and Associations | 2 | 117 | (n/a) | See Bill Text |
| Corporations and Associations | 2 | 118 | (n/a) | See Bill Text |
| Corporations and Associations | 2 | 310 | (n/a) | See Bill Text |
| Corporations and Associations | 8 | 601.1 | (n/a) | See Bill Text |
