MS SB2758 | 2011 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on March 1 2011 - 100% progression
Action: 2011-03-01 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on March 1 2011 - 100% progression
Action: 2011-03-01 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
An Act To Provide For The Incorporation Of Cooperative Associations; To Provide The Powers And Duties Of Cooperatives; To Provide The Requisites For The Articles Of Association Of Cooperatives; To Provide For The Adoptions Of Bylaws By Cooperatives; To Specify The Membership Of Cooperatives And The Requisites For Voting By Members; To Provide For The Organization Of Meetings And The Notification Of Members Of Meetings; To Provide For The Authorization Of, Control And Use Of Stock By Cooperatives; To Provide For The Number, Election And Removal Of Directors; To Provide For The Meetings Of Directors; To Authorize Executive Committees; To Provide For The Officers Of Cooperatives; To Provide For The Compensation And Benefits To Directors, Officers And Employees Of A Cooperative; To Provide For The Liability Of Directors, Members, Stockholders And Patrons Of Cooperatives; To Provide The Manner In Which A Cooperative May Dispose Of Assets; To Provide Rules That Govern Contracts By Cooperatives; To Authorize Contracts To Be Filed With The Chancery Clerk And Provide The Effect Of Such Filing; To Provide That The Directors Shall Determine And Distribute Net Assets At Least Once Annually; To Provide For Annual Reports; To Provide The Manner In Which Articles Of Association May Be Amended; To Provide The Manner In Which Cooperatives May Merge And Consolidate; To Provide The Manner In Which A Corporation May Convert Itself Into A Cooperative; To Provide The Manner In Which A Cooperative May Voluntarily Dissolve Itself; To Provide The Manner In Which A Cooperative May Be Involuntarily Dissolved; To Provide For The Liquidation Of The Assets And Business Of A Cooperative Under Court Supervision; To Provide For Derivative Actions By Members And Stockholders; To Limit The Use Of The Term "cooperative" To Associations Organized Under This Act And To Provide Penalties For Improper Use Of Such Term; And For Related Purposes.
Title
Cooperatives; provide for the incorporation of.
Sponsors
| Sen. John Horhn [D] |
Roll Calls
2011-02-11 - Senate - Senate Passed As Amended (Y: 47 N: 0 NV: 4 Abs: 0) [PASS]
2011-02-10 - Senate - Senate Passed (Y: 50 N: 0 NV: 1 Abs: 0) [PASS]
2011-02-10 - Senate - Senate Passed (Y: 50 N: 0 NV: 1 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2011-03-01 | Died In Committee | |
| 2011-02-15 | Referred To Judiciary B | |
| 2011-02-15 | Transmitted To House | |
| 2011-02-11 | Passed As Amended | |
| 2011-02-11 | Amended | |
| 2011-02-11 | Reconsidered | |
| 2011-02-10 | Motion to Reconsider Entered | |
| 2011-02-10 | Passed | |
| 2011-02-10 | Committee Substitute Adopted | |
| 2011-02-01 | Title Suff Do Pass Comm Sub | |
| 2011-01-17 | Referred To Judiciary, Division B |
