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CS/HB 1035: Business Corp. Act/Shareholders

GENERAL BILL by Seiler ; (CO-INTRODUCERS) Bullard ; Goodlette

Business Corp. Act/Shareholders; clarifies corporate action entitling shareholder to certain appraisal rights & payments for shares; provides requirements, procedures, & limitations on court actions; requires corporate payments under certain circumstances; revises certain notice requirements for dissolved corporations; revises procedure to clarify exemption for certain claims against said corporations being barred, etc. Amends 607.1302,.1407; creates 607.1330.

Effective Date: Upon becoming law
Last Action: 4/29/2004 House - Placed on Special Order Calendar; Substituted SB 2718; Laid on Table, Link/Iden/Sim/Compare passed, refer to SB 2718 (Ch. 2004-378) -HJ 01104
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/17/2004 House • Prefiled
    3/2/2004 House • Introduced -HJ 00082
    3/3/2004 House • Referred to Commerce; Judiciary; Appropriations -HJ 00190
    3/18/2004 House • On Committee agenda-- Commerce, 03/22/04, 10:00 am, 404-H
    3/22/2004 House • Favorable with CS amendment by Commerce; YEAS 14 NAYS 0 -HJ 00310
    3/23/2004 House • Pending review of CS under Rule 6.3(b)
    3/30/2004 House • Now in Judiciary -HJ 00310
    4/9/2004 House • On Committee agenda-- Judiciary, 04/13/04, 3:15 pm, Morris Hall
    4/13/2004 House • Favorable by Judiciary; YEAS 16 NAYS 0 -HJ 00520; Now in Appropriations -HJ 00520
    4/28/2004 House • Withdrawn from Appropriations -HJ 00910; Placed on Calendar -HJ 00910
    4/29/2004 House • Placed on Special Order Calendar; Substituted SB 2718; Laid on Table, Link/Iden/Sim/Compare passed, refer to SB 2718 (Ch. 2004-378) -HJ 01104

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  • CS/HB 1035, Committee Substitute 1 (Current Bill Version) Posted 3/23/2004 at 1:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 2718 (e1) Klein Similar Last Action: 6/24/2004 Approved by Governor; Chapter No. 2004-378
    Location:

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    118127 - Amendment
    Seiler 4/28/2004
    7:32 AM
    Web Page
    PDF

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    607.1302 Right of shareholders to appraisal.
    607.1330
    607.1407 Unknown claims against dissolved corporation.

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  • HB 1035, Original Filed Version Posted 2/17/2004 at 11:11 AM

    Bill Text:   Web Page | PDF
    Analyses:   Commerce (Post-Meeting) (pdf)
    Commerce (Post-Meeting) (pdf)
    Judiciary (Post-Meeting) (pdf)

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    607.1302 Right of shareholders to appraisal.
    607.1330
    607.1407 Unknown claims against dissolved corporation.

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