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Who cares
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Sponsors
No co-sponsors yet.
History
- Substituted by A1567
- Ordered to third reading cal.1130
- Committee discharged and committed to rules
- Referred to corporations, authorities and commissions
- Referred to rules
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Authorizes shareholders to attend meetings via remote communication and to be deemed present for voting purposes
Senate Floor Calendar · Sponsor Richard Brodsky
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the business corporation law, in relation to attendance of a meeting of shareholders by remote communication
Purpose or general idea of bill
Allows shareholders to vote remotely.
Summary of specific provisions
Amends § 605 of the business corporation law.
Justification
Currently, many shareholders are precluded from participating in the meetings and decision-making process because they are not at the meeting in person. This bill would provide additional access to shareholders by allowing shareholders to remotely participate.
Prior legislative history
A.2135-A (2005-06). A1350B (2007-2008); Passed Assembly
Fiscal impacts
Not known.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.