Corporations and Associations – Revisions
Sponsor: Marlon Amprey (District 40)Committee: Economic MattersSubject: Corporations and AssociationsStatus: Approved by the Governor - Chapter 111 (as of Dec 1, 2025)
What this bill does
Official synopsis
Establishing a process for and certain exceptions to the transfer of assets that are collateral for securing a mortgage, pledge, or security interest without the approval of the stockholders; and repealing provisions of law specifying what shall be included in the articles of merger if a limited partnership or limited liability company is a party to the articles.
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Testimony (0)
MGA witness listFAV 3Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Carlson, William | MSBA Committee on Corporation Law | Oral + Written (PDF) |
| FAV | Amprey, Marlon | Individual | Written (PDF) |
| FAV | Delegate Amprey, Delegate Ampreylegislator | Individual | Oral |