Introduced
by
To clarify that when a shareholder of a corporation abstains from voting this is not considered a vote. This would affect the statutory provision establishing that members of a corporation’s board of directors can be selected by a plurality of the votes cast, rather than a plurality of all shareholders.
Referred to the Committee on Commerce
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Amendment offered
by
To tie-bar the bill to House Bill 5320, meaning this bill cannot become law unless that one does also.
The amendment passed by voice vote
Passed in the House 106 to 0 (details)
Referred to the Committee on Economic Development, Small Business, and Regulatory Reform
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 34 to 0 (details)
To clarify that when a shareholder of a corporation abstains from voting this is not considered a vote. This would affect the statutory provision establishing that members of a corporation’s board of directors can be selected by a plurality of the votes cast, rather than a plurality of all shareholders.
