Bill Text | History of Actions | Background | Title |
Description: Corporations; revise Mississippi Business Corporation Act.
Bill Text: [Introduced]
| 1 | 01/15 (H) Referred To Judiciary A | |
| 2 | 01/30 (H) Died In Committee |
| Effective date | July 1, 2001 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Brown
Code Sections: A 079-0004-0006.01, A 079-0004-0006.02, A 079-0004-0006.24, A 079-0004-0006.40, A 079-0004-0007.28, A 079-0004-0008.01, A 079-0004-0008.03, A 079-0004-0008.06, A 079-0004-0008.21, A 079-0004-0008.25, A 079-0004-0008.33, A 079-0004-0008.40, A 079-0004-0008.43, A 079-0004-0013.02, A 079-0004-0014.03, A 079-0004-0014.06, A 079-0004-0014.07, A 079-0004-0016.03
Title: AN ACT TO REVISE THE MISSISSIPPI BUSINESS CORPORATION ACT; TO AMEND SECTION 79-4-6.01, MISSISSIPPI CODE OF 1972, TO REVISE THE DESIGNATION OF AUTHORIZED SHARES; TO AMEND SECTION 79-4-6.02, MISSISSIPPI CODE OF 1972, TO REVISE THE WAY IN WHICH TERMS OF A CLASS OR SERIES OF A CLASS OF SHARES IS DESIGNATED; TO AMEND SECTION 79-4-6.24, MISSISSIPPI CODE OF 1972, TO REVISE THE WAY IN WHICH SHARE OPTIONS ARE ISSUED; TO AMEND SECTION 79-4-6.40, MISSISSIPPI CODE OF 1972, TO REVISE THE DISTRIBUTION TO SHAREHOLDERS; TO AMEND SECTION 79-4-7.28, MISSISSIPPI CODE OF 1972, TO REQUIRE SPECIFIC AUTHORIZATION FOR CUMULATIVE VOTING FROM AND AFTER JULY 1, 2002; TO AMEND SECTION 79-4-8.01, MISSISSIPPI CODE OF 1972, TO REVISE THE EXERCISE OF CORPORATE POWERS; TO AMEND SECTION 79-4-8.03, MISSISSIPPI CODE OF 1972, TO REVISE THE NUMBER AND ELECTION OF DIRECTORS; TO AMEND SECTION 79-4-8.06, MISSISSIPPI CODE OF 1972, TO REVISE THE WAY IN WHICH THE TERMS OF DIRECTORS ARE STAGGERED; TO AMEND SECTION 79-4-8.21, MISSISSIPPI CODE OF 1972, TO REVISE THE WAY IN WHICH ACTION CAN BE TAKEN WITHOUT MEETING; TO AMEND SECTION 79-4-8.25, MISSISSIPPI CODE OF 1972, TO REVISE THE CREATION OF COMMITTEES OF THE BOARD OF DIRECTORS; TO AMEND SECTION 79-4-8.33, MISSISSIPPI CODE OF 1972, TO REVISE THE LIABILITY FOR UNLAWFUL DISTRIBUTIONS; TO AMEND SECTION 79-4-8.40, MISSISSIPPI CODE OF 1972, TO REVISE THE REQUIRED OFFICERS; TO AMEND SECTION 79-4-8.43, MISSISSIPPI CODE OF 1972, TO REVISE THE RESIGNATION AND REMOVAL OF OFFICERS; TO AMEND SECTION 79-4-13.02, MISSISSIPPI CODE OF 1972, TO REVISE APPRAISAL RIGHTS; TO AMEND SECTION 79-4-14.03, MISSISSIPPI CODE OF 1972, TO REVISE REQUIREMENTS FOR THE ARTICLES OF DISSOLUTION; TO AMEND SECTION 79-4-14.06, MISSISSIPPI CODE OF 1972, TO REVISE NOTIFICATION TO KNOWN CLAIMANTS AGAINST A DISSOLVED CORPORATION; TO AMEND SECTION 79-4-14.07, MISSISSIPPI CODE OF 1972, TO REVISE NOTICE TO UNKNOWN CLAIMANTS AGAINST A DISSOLVED CORPORATION; TO CODIFY SECTIONS 79-4-14.08 AND 79-4-14.09, MISSISSIPPI CODE OF 1972, TO REVISE COURT PROCEEDINGS AND DIRECTOR DUTIES; TO AMEND SECTION 79-4-16.03, MISSISSIPPI CODE OF 1972, TO REVISE THE SCOPE OF THE INSPECTION RIGHT; TO CODIFY SECTIONS 79-4-16.05 AND 79-4-16.06, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR THE INSPECTION OF RECORDS BY DIRECTORS AND FOR EXCEPTION TO THE NOTICE REQUIREMENT; AND FOR RELATED PURPOSES.
End Of Document
2001/html/History/HB/HB1254.htm