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HB 668

EnactedCrossfile SB 469
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Corporations and Associations - Corporations and Real Estate Investment Trusts - Miscellaneous

Sponsor: Delegate DumaisCommittee: Economic MattersSubject: Corporations and AssociationsStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 292 (as of Nov 6, 2020)

What this bill does

Official synopsis

Providing an October 1, 2020, effective date of certain articles of incorporation filed with the State Department of Assessments and Taxation for record; authorizing the articles to contain a delayed effective date, not later than 30 days after the Department accepts the articles for record; authorizing indemnification of a board of directors by a certain vote of certain directors or by a certain vote of a committee of the board; providing that certain stockholders' rights of inspection do not apply to certain corporations; etc.

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Testimony (2)

MGA witness list
FAV 2Favorable
PositionWitnessOrganizationTestimony
FAVCarlson, WillamMSBA Business Law SectionOral + Written (PDF)
FAVDelegate Dumais, Delegate DumaislegislatorIndividualOral + Written (PDF)

Organizations on record