CivicKnodeCivicKnowA project of CivicKnode
Sign in

SB 263

EnactedCrossfile HB 781
Add to calendar

Corporations and Real Estate Investment Trusts - Miscellaneous

Sponsor: Chris West (District 42)Committee: Judicial ProceedingsSubject: Corporations and AssociationsStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 780 (as of Dec 1, 2021)

What this bill does

Official synopsis

Clarifying that the charter or bylaws of a corporation may require that any internal corporate claim be brought only in certain specified courts; repealing the authority of certain corporations to effect a certain reverse stock split; altering the manner in which a corporation may allow stockholders to participate in a certain meeting; authorizing a certain meeting of the stockholders to be held partially or solely by means of remote communication; etc.

AI analysis is off. Set ANTHROPIC_API_KEY to enable summaries, pros and cons, and questions.

Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.

Testimony (3)

MGA witness list
FAV 3Favorable
PositionWitnessOrganizationTestimony
FAVCarlson, WilliamMSBA Committee on Corporation LawOral + Written (PDF)
FAVWest, ChristopherSenator Chris WestWritten (PDF)
FAVSenator West, Senator WestlegislatorIndividualPosition only

Organizations on record