CS/HB 339: Business Organizations
GENERAL BILL by Regulatory Reform Subcommittee ; Robinson, W. ; (CO-INTRODUCERS) Benjamin
Business Organizations; Revises circumstances under which shareholders are entitled to appraisal rights & certain payments; entitles corporations to prepay shareholder if shareholder makes demand for payment; specifies when interest is applicable to such prepayments; revises requirements for proceedings relating to unsettled demands for payment; revises eligibility requirements for shareholders entitled to fair value of shares during court proceedings.
Effective Date: upon becoming a law
Last Action: 4/26/2021 House - Laid on Table; companion bill(s) passed, see CS/SB 602 (Ch. 2021-13)
Bill Text: PDF
Last Action: 4/26/2021 House - Laid on Table; companion bill(s) passed, see CS/SB 602 (Ch. 2021-13)
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/19/2021 | House |
• Filed |
| 2/3/2021 | House |
• Referred to Regulatory Reform Subcommittee • Referred to Civil Justice & Property Rights Subcommittee • Referred to Commerce Committee • Now in Regulatory Reform Subcommittee |
| 3/2/2021 | House |
• 1st Reading (Original Filed Version) |
| 3/4/2021 | House |
• Added to Regulatory Reform Subcommittee agenda |
| 3/8/2021 | House |
• Favorable with CS by Regulatory Reform Subcommittee • Reported out of Regulatory Reform Subcommittee • Laid on Table under Rule 7.18(a) • CS Filed • 1st Reading (Committee Substitute 1) |
| 3/9/2021 | House |
• Referred to Civil Justice & Property Rights Subcommittee • Referred to Commerce Committee • Now in Civil Justice & Property Rights Subcommittee |
| 3/26/2021 | House |
• Added to Civil Justice & Property Rights Subcommittee agenda |
| 3/30/2021 | House |
• Favorable by Civil Justice & Property Rights Subcommittee • Reported out of Civil Justice & Property Rights Subcommittee • Now in Commerce Committee |
| 4/2/2021 | House |
• Added to Commerce Committee agenda |
| 4/6/2021 | House |
• Favorable by Commerce Committee • Reported out of Commerce Committee • Bill released to House Calendar • Added to Second Reading Calendar |
| 4/26/2021 | House |
• Laid on Table; companion bill(s) passed, see CS/SB 602 (Ch. 2021-13) |
