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CS/CS/SB 654: Business Organizations

GENERAL BILL by Judiciary ; Commerce and Tourism ; Clemens ; (CO-INTRODUCERS) Richter

Business Organizations; Providing additional exceptions regarding the requirement that limited liability company names be distinguishable from the names of other entities or filings; providing additional exceptions regarding the requirement that corporate names be distinguishable; providing that the amendment of articles of incorporation or the merger, conversion, or share exchange of a social purpose or benefit corporation entitles the shareholders to appraisal rights; establishing requirements for the formation of a social purpose corporation and the formation of a benefit corporation, etc.

Effective Date: 7/1/2014
Last Action: 4/29/2014 Senate - Laid on Table, companion bill(s) passed, see CS/CS/HB 685 (Ch. 2014-209) -SJ 801
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Judiciary (JU)
  3. Rules (RC)

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