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AB 457 California Assembly · 2013-2014 Regular Session

Shareholders.

Summary
Existing law sets forth requirements for the governance of various business entities, including, but not limited to, corporations. Existing law authorizes certain actions that may be taken at any annual or special meeting of shareholders to be taken with written consent of the shareholders outside of a meeting under specific requirements and circumstances. This bill would remove a requirement that unanimous written consent for a reorganization, as specified, be given at least 10 days before the consummation of that action.
Bill status signed all 5 stages cleared
Introduction
Feb 2013
Committee Review
Aug 2013
Assembly Passage
Apr 2013
Senate Passage
Jul 2013
Signed into Law
Aug 2013
Introduced Feb 19, 2013 Signed Aug 16, 2013
Floor votes · Senate Jul 8, 2013 · Assembly Apr 11, 2013

How they voted

31–0
Passed · 3 other
Total votes 34
Jul 8, 2013
D Democratic25
22 Yea 3
88% Yea
R Republican9
9 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
18
Key actions
8
Committee
7
Aug 16, 2013
Signed into law
Approved by the Governor.
legislature
Aug 5, 2013
Lower · Passed
In Assembly. Ordered to Engrossing and Enrolling.
lower
Jul 8, 2013
Senate · Passed
Senate Vote: pass (31-0-3)
senate
Jun 5, 2013
Upper · Passed
From committee: Do pass. (Ayes 8. Noes 0.) (June 5).
upper
Apr 25, 2013
Committee
Referred to Com. on B. & F.I.
upper
Apr 11, 2013
Assembly · Passed
Assembly Vote: pass (61-0-3)
assembly
Apr 9, 2013
Lower · Passed
From committee: Do pass. (Ayes 12. Noes 0.) (April 8).
lower
Apr 4, 2013
Lower · Passed
In committee: Set, first hearing. Hearing canceled at the request of author.
lower
Feb 28, 2013
Committee
Referred to Com. on B. & F.
lower
Feb 20, 2013
Lower · Passed
From printer. May be heard in committee March 22.
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
NT
Norma Torres
DDemocratic
CA
32