History of Actions | Background | Title |
Description: Corporations; business judgment rule and liability of directors (model act/BLAG).
| 1 | 01/07/99 | (S) | Referred To Business and Financial Institutions;Judiciary | |
| 2 | 01/28/99 | (S) | DR - TSDP: BF To JU | |
| 3 | 02/02/99 | (S) | Died In Committee |
| Effective date | July 1, 1999 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
Senate Committees:
Principal Author: Robertson
Code Sections: A 079-0004-0008.30, A 079-0004-0008.33, A 079-0004-0008.42
Title: AN ACT TO AMEND THE MISSISSIPPI BUSINESS CORPORATION ACT; TO AMEND SECTION 79-4-8.30, MISSISSIPPI CODE OF 1972, TO REVISE THE STANDARD OF CONDUCT FOR DIRECTORS; TO CODIFY SECTION 79-4-8.31, MISSISSIPPI CODE OF 1972, TO REVISE THE STANDARDS OF LIABILITY FOR DIRECTORS; TO AMEND SECTION 79-4-8.33, MISSISSIPPI CODE OF 1972, TO REVISE THE LIABILITY OF DIRECTORS FOR UNLAWFUL DISTRIBUTIONS; TO REVISE SECTION 79-4-8.42, MISSISSIPPI CODE OF 1972, TO REVISE THE STANDARD OF CONDUCT FOR OFFICERS; AND FOR RELATED PURPOSES.
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