2003-2004 Regular Session - SB 211
Business corporations; mergers or share exchange; notice and contents; shareholders' rights
Sponsored By
Committees
First Reader Summary
A BILL to be entitled an Act to amend Chapter 2 of Title 14 of the O.C.G.A., relating to business corporations, so as to provide for the use by corporations of a single written notice to two or more shareholders with the same address under certain circumstances; to define certain terms; to require certain notice and contents be provided to shareholders in advance of a meeting to restate articles of incorporation; to provide that the terms of a plan of merger or share exchange may be made dependent on facts ascertainable outside of the plan if the manner in which such facts shall operate on the terms of the merger or share exchange are clearly and expressly set forth in the plan; to revise certain provisions concerning mergers with subsidiaries; to provide for related matters; to repeal conflicting laws; and for other purposes.
Status History
Jul/01/2003 - Effective Date
Jun/04/2003 - Act 392
Jun/04/2003 - Senate Date Signed by Governor
May/05/2003 - Senate Sent to Governor
Apr/25/2003 - Senate Agreed House Amend or Sub
Apr/17/2003 - House Passed/Adopted By Substitute
Apr/17/2003 - House Third Readers
Apr/10/2003 - House Committee Favorably Reported By Substitute
Apr/09/2003 - House Second Readers
Apr/08/2003 - House First Readers
Apr/08/2003 - Senate Passed/Adopted
Apr/08/2003 - Senate Third Read
Mar/06/2003 - Senate Read Second Time
Mar/05/2003 - Senate Committee Favorably Reported
Feb/28/2003 - Senate Read and Referred
Feb/27/2003 - Senate Hopper
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