HB 20-1013

  • Colorado House Bill
  • 2020 Regular Session
  • Introduced in House Feb 13, 2020
  • Passed House Feb 12, 2020
  • Passed Senate Mar 03, 2020
  • Signed by Governor Mar 20, 2020

Specify Procedure Ratify Defective Corporate Actions

Abstract

The act provides a statutory procedure for the ratification or validation of corporate actions that may not have been properly authorized and for shares that may not have been properly issued. The statutory ratification procedure supplements common-law ratification and is available only when the board of directors specifies the nature of the defective authorization. Prompt judicial review and validation of the ratification process is available when a listed person claims to be substantially and adversely affected by the ratification. (Note: This summary applies to this bill as enacted.)

Bill Sponsors (2)

Votes


Mar 03, 2020

Feb 12, 2020

Actions


Mar 20, 2020

Office of the Governor

Governor Signed

Mar 16, 2020

Office of the Governor

Sent to the Governor

Mar 14, 2020

House

Signed by the Speaker of the House

Senate

Signed by the President of the Senate

Mar 03, 2020

Senate

Senate Third Reading Passed - No Amendments

Mar 02, 2020

Senate

Senate Second Reading Passed - No Amendments

Feb 26, 2020

Senate

Senate Committee on Business, Labor, & Technology Refer Unamended - Consent Calendar to Senate Committee of the Whole

  • Committee-Passage
Business, Labor, & Technology

Feb 13, 2020

Senate

Introduced In Senate - Assigned to Business, Labor, & Technology

  • Introduction
Business, Labor, & Technology

Feb 12, 2020

House

House Third Reading Passed - No Amendments

Feb 11, 2020

House

House Third Reading Laid Over Daily - No Amendments

Feb 10, 2020

House

House Second Reading Passed - No Amendments

Feb 04, 2020

House

House Committee on Business Affairs & Labor Refer Unamended to House Committee of the Whole

  • Committee-Passage
  • Referral-Committee
House Committee of the Whole Business Affairs & Labor

Jan 08, 2020

House

Introduced In House - Assigned to Business Affairs & Labor

  • Introduction
Business Affairs & Labor

Bill Text

Bill Text Versions Format
Signed Act (03/20/2020) PDF
Final Act (03/14/2020) PDF
Rerevised (03/03/2020) PDF
Revised (03/02/2020) PDF
Reengrossed (02/12/2020) PDF
Engrossed (02/10/2020) PDF
Introduced (01/08/2020) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note FN1 (01/15/2020) PDF
Fiscal Note FN2 (06/22/2020) PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.