Corporations and Associations - Revisions
Sponsor: Courtney Watson (District 9B)Committee: Economic MattersSubject: Corporations and AssociationsStatus: Approved by the Governor - Chapter 560 (as of Nov 9, 2023)
What this bill does
Official synopsis
Altering certain provisions governing the issuance of stock, convertible securities, and scrip; clarifying the authority of corporations to hold annual meetings by remote communication; clarifying the application of certain provisions of law to the conversion of a corporation; requiring a real estate investment trust that voluntarily dissolves to file a notice of termination with the State Department of Assessments and Taxation; 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 (6)
MGA witness listFAV 5FavorableUNF 1Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Glaser, Jonathan | Dept. of Assessments & Taxation | Oral |
| FAV | Higgs, Director Michael | Dept. of Assessments & Taxation | Oral + Written (PDF) |
| FAV | Watson, Courtney | MGA | Oral + Written (PDF) |
| FAV | Carlson, William | MSBA Committee on Corporation Law | Written (PDF) |
| FAV | Delegate Watson, Delegate Watsonlegislator | Individual | Oral |
| UNF | West, Derek | Individual | Position only |
