Corporations and Associations – Definitions, Emergencies, and Outstanding Stock – Revisions
Sponsor: Chris West (District 42)Committee: Judicial ProceedingsSubject: Corporations and AssociationsStatus: Approved by the Governor - Chapter 609 (as of Nov 13, 2024)
What this bill does
Official synopsis
Altering certain definitions as they relate to certain Maryland business entities; authorizing a corporation to adopt certain emergency bylaws; authorizing a corporation to take certain actions during an emergency; limiting the liability of certain persons for certain corporate acts taken during an emergency; and clarifying when certain stock is outstanding.
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Testimony (5)
MGA witness listFAV 4FavorableINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Carlson, William | MSBA Committee on Corporation Law | Oral + Written (PDF) |
| FAV | Wasserman, Jason | Maryland State Bar Association Business Law Section Council | Oral |
| FAV | West, Christopher | Senator Chris West | Written (PDF) |
| FAV | Senator West, Senator Westlegislator | Individual | Oral |
| INFO | Caplan, Jason | Individual | Written (PDF) |