Assemblyman Jason Frierson
Primary
AN ACT relating to business entities; revising provisions concerning certain records required to be kept by certain business entities; revising provisions relating to the breach of a fiduciary duty by a director or officer of a corporation; revising provisions relating to the ability of a stockholder to dissent in certain circumstances; revising the definition of the term “issuing corporation” as it relates to the acquisition of a controlling interest therein; authorizing stockholders of a corporation to approve an amendment to the articles of incorporation in writing; requiring written notice to certain stockholders after the dissolution of a corporation approved by written consent of the stockholders thereof; revising provisions relating to the individual liability of a person acting as the alter ego of a corporation and applying such provisions to limited-liability companies; revising provisions concerning the indemnification of certain persons by a corporation; establishing provisions relating to the duties owed to certain limited-liability companies and certain other persons by a manager or managing member of the limited-liability company; establishing provisions relating to a series of members of a limited-liability company; establishing the circumstances under which the merger of a publicly traded corporation without the vote of the stockholders is authorized; revising provisions relating to limitations on the right of a stockholder to dissent; making various other changes relating to business entities; and providing other matters properly relating thereto.
No votes to display
Chapter 19.
Approved by the Governor.
Enrolled and delivered to Governor.
In Assembly. To enrollment.
Read third time. Passed. Title approved. (Yeas: 21, Nays: None.) To Assembly.
Read second time.
From committee: Do pass.
In Senate. Read first time. Referred to Committee on Judiciary. To committee.
From printer. To engrossment. Engrossed. First reprint. Read third time. Passed, as amended. Title approved, as amended. (Yeas: 39, Nays: 1, Excused: 2.) To Senate.
Read second time. Amended. (Amend. No. 43.) To printer.
From committee: Amend, and do pass as amended.
From printer. To committee.
Read first time. Referred to Committee on Judiciary. To printer.
| Bill Text Versions | Format |
|---|---|
| As Enrolled | |
| Reprint 1 | |
| Amendment 43 | |
| As Introduced |
| Document | Format |
|---|---|
| No related documents. |
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