MS SB2774 | 2016 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 23 2016 - 100% progression
Action: 2016-02-23 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 23 2016 - 100% progression
Action: 2016-02-23 - Died In Committee
Text: Latest bill text (Introduced) [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 Adoption 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 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 Cooperative May Voluntarily Dissolve Itself; To Limit The Use Of The Term "cooperative" To Associations Organized Under This Act And To Provide Penalties For Improper Use Of Such Term; To Provide For Administrative Dissolution; To Amend Section 79-35-19, Mississippi Code Of 1972, To Conform; And For Related Purposes.
Title
Cooperatives; provide for the incorporation of.
Sponsors
| Sen. John Horhn [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-02-23 | Senate | Died In Committee |
| 2016-02-08 | Senate | Referred To Judiciary, Division A;Accountability, Efficiency, Transparency |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2016/pdf/history/SB/SB2774.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2016/html/SB/2700-2799/SB2774IN.htm |
