Bill Summary

HB 339 Business Organizations (2021 Session)
Business Organizations: Revises circumstances under which shareholders are entitled to appraisal rights & certain payments; entitles corporations to prepay shareholder if shareholder makes demand for payment; specifies when interest is applicable to such prepayments; revises requirements for proceedings relating to unsettled demands for payment; revises eligibility requirements for shareholders entitled to fair value of shares during court proceedings. Effective Date: upon becoming a law
01/19/21
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Filed
02/03/21
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Referred to Regulatory Reform Subcommittee; Civil Justice & Property Rights Subcommittee; Commerce Committee
02/03/21
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Now in Regulatory Reform Subcommittee
03/04/21
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On Committee agenda - Regulatory Reform Subcommittee, 03/08/21, 10:00 am, 404 H
03/08/21
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Favorable with CS by Regulatory Reform Subcommittee; 15 Yeas, 1 Nay
03/08/21
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Committee Substitute Text (C1) Filed
03/09/21
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Now in Civil Justice & Property Rights Subcommittee
03/26/21
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On Committee agenda - Civil Justice & Property Rights Subcommittee, 03/30/21, 12:30 pm, 404 H
03/30/21
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Favorable by Civil Justice & Property Rights Subcommittee; 15 Yeas, 1 Nays
03/30/21
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Now in Commerce Committee
04/02/21
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On Committee agenda - Commerce Committee, 04/06/21, 12:30 pm, 212 K
04/06/21
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Favorable by Commerce Committee; 22 Yeas, 0 Nays
04/06/21
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Placed on Calendar, on 2nd reading
04/26/21
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Laid on Table, Refer to CS/SB 602
0339
Filed on 01/19/21
PDF
Amendment 791929
Filed on 03/05/21
Adopted
0339C1
Filed on 03/08/21
PDF
No amendments to this bill text filed.
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607.133
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617.0725
617.0825
617.1703
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