Corporate Actions
Summary
Corporate Actions; Provides defective corporate action is not void or voidable in certain circumstances; requires board of directors to take action to ratify defective corporate action; provides quorum & voting requirements for ratification of defective corporate actions; requires notice be given to shareholders of corporate action taken by board of directors; requires corporations to file articles of validation; provides registered agent may resign from companies by delivering specified statement of resignation to DOS; provides registered agents may pay one resignation fee regardless of whether resigning from one or multiple dissolved companies or corporations.
Bill status
in committee
3 of 5 stages cleared
Introduction
Jan 2024
Committee Review
Feb 2024
House Passage
Feb 2024
Senate Passage
Governor
Introduced Jan 4, 2024
Last action Mar 4, 2024
Floor votes · House Feb 14, 2024
How they voted
21–0
Passed · 2 other
Total votes 23
Feb 14, 2024
D
Democratic7
100% Yea
R
Republican16
87% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
27
Key actions
14
Committee
18
Feb 23, 2024
Lower · Passed
Reported out of Commerce Committee
lower
Feb 22, 2024
Lower · Passed
Favorable by Commerce Committee
lower
Feb 20, 2024
Lower · Passed
Added to Commerce Committee agenda
lower
Feb 14, 2024
House · Passed
House Vote: pass (21-0-2)
house
Feb 14, 2024
Lower · Passed
Now in Commerce Committee
lower
Feb 14, 2024
Lower · Passed
Reported out of Judiciary Committee
lower
Feb 14, 2024
Lower · Passed
Favorable by Judiciary Committee
lower
Feb 12, 2024
Lower · Passed
Added to Judiciary Committee agenda
lower
Feb 8, 2024
Lower · Passed
Now in Judiciary Committee
lower
Feb 8, 2024
Committee
Referred to Commerce Committee
lower
Feb 8, 2024
Committee
Referred to Judiciary Committee
lower
Feb 8, 2024
Lower · Passed
Original reference removed: Civil Justice Subcommittee
lower
Feb 7, 2024
Lower · Passed
Reported out of Regulatory Reform & Economic Development Subcommittee
lower
Feb 6, 2024
Lower · Passed
Favorable with CS by Regulatory Reform & Economic Development Subcommittee
lower
Feb 2, 2024
Lower · Passed
Added to Regulatory Reform & Economic Development Subcommittee agenda
lower
Jan 13, 2024
Lower · Passed
Now in Regulatory Reform & Economic Development Subcommittee
lower
Jan 13, 2024
Committee
Referred to Commerce Committee
lower
Jan 13, 2024
Committee
Referred to Civil Justice Subcommittee
lower
Jan 13, 2024
Committee
Referred to Regulatory Reform & Economic Development Subcommittee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Shane Abbott
RRepublican
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