What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
1 Co-sponsor
History
- Referred to corporations, authorities and commissions
- Referred to corporations, authorities and commissions
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S447
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 § 602 and 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
2006: S.8377/A.2135-A 2007-2008: S.2152-B/A.1350-B 2009-2010: S.5793/A.1567
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.