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CS/CS/SB 1288: Corporations [CPSC]

GENERAL BILL by Judiciary ; Commerce ; Aronberg ; (CO-INTRODUCERS) Bennett ; Fasano ; Detert

Corporations [CPSC]; Deletes a provision providing that there shall be no charge for telephone requests for certain general corporate information. Requires notice to known claimants of a dissolved corporation. Requires that certain corporations furnish annual financial statements to shareholders within a specified period after the close of a fiscal year. Authorizes a corporation not for profit to make guaranties, etc.

Effective Date: Upon becoming law except as otherwise provided
Last Action: 5/2/2009 Senate - Indefinitely postponed and withdrawn from consideration; Died in Committee on Finance and Tax, Link/Iden/Sim/Compare passed, refer to SB 2330 (Ch. 2009-205), CS/HB 1517 (Ch. 2009-118)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/4/2009 Senate • Filed
    2/12/2009 Senate • Referred to Commerce; Judiciary; Finance and Tax; Transportation and Economic Development Appropriations
    3/3/2009 Senate • Introduced, referred to Commerce; Judiciary; Finance and Tax; Transportation and Economic Development Appropriations -SJ 00078
    3/5/2009 Senate • On Committee agenda-- Commerce, 03/10/09, 2:15 pm, 401-S
    3/10/2009 Senate • CS by Commerce; YEAS 9 NAYS 0 -SJ 00165; CS read 1st time on 03/19/09 -SJ 00224
    3/12/2009 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute); Original reference(s) removed: Transportation and Economic Development Appropriations; Now in Judiciary -SJ 00165, -SJ 00233
    3/20/2009 Senate • On Committee agenda-- Judiciary, 03/25/09, 10:15 am, 110-S
    3/25/2009 Senate • CS/CS by Judiciary; YEAS 8 NAYS 0 -SJ 00252; CS read 1st time on 04/01/09 -SJ 00258
    3/27/2009 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    3/30/2009 Senate • Now in Finance and Tax -SJ 00252
    5/2/2009 Senate • Indefinitely postponed and withdrawn from consideration; Died in Committee on Finance and Tax, Link/Iden/Sim/Compare passed, refer to SB 2330 (Ch. 2009-205), CS/HB 1517 (Ch. 2009-118)

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  • CS/CS/SB 1288, Committee Substitute 2 (Current Bill Version) Posted 3/27/2009 at 2:11 PM

    Bill Text:   Web Page | PDF
    Analyses:   Judiciary (Post-Meeting) (pdf)

    Related Bills (5)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 1311 (e1) Corporations [CPSC] McBurney Similar Last Action: 5/2/2009 S Indefinitely postponed and withdrawn from consideration; Died in Committee on Commerce, Link/Iden/Sim/Compare passed, refer to SB 2330 (Ch. 2009-205), CS/HB 1517 (Ch. 2009-118)
    Location:
    S 2330 (e1) Richter Similar Last Action: 6/18/2009 Approved by Governor; Chapter No. 2009-205; See also CS/HB 1517 (Ch. 2009-118)
    Location:
    H 1517 (c1) Murzin Compare Last Action: 6/2/2009 Approved by Governor; Chapter No. 2009-118; See also SB 2330 (Ch. 2009-205)
    Location:
    S 382 Corporations/Board Of Directors/Minimum Age [CPSC] Bennett Compare Last Action: 3/5/2009 S Withdrawn from Commerce; Judiciary; Rules -SJ 00140; Withdrawn from further cons., Link/Iden/Sim/Compare passed, refer to SB 2330 (Ch. 2009-205) -SJ 00140
    Location:
    S 1500 Corporations [CPSC] Fasano Compare Last Action: 4/28/2009 S Placed on Special Order Calendar; Read 2nd time -SJ 00703; Amendment(s) adopted (107672) -SJ 00703; Substituted CS/HB 1517 -SJ 00704; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/HB 1517 (Ch. 2009-118), SB 2330 (Ch. 2009-205) -SJ 00704
    Location:

    Citations - Statutes (53)

    Citation Catchline Location in Bill Location In Bill Help
    607.0501 Registered office and registered agent.
    607.1406 Known claims against dissolved corporation.
    607.1620 Financial statements for shareholders.
    617.01201 Filing requirements.
    617.0122 Fees for filing documents and issuing certificates.
    617.0124 Correcting filed document.
    617.01401 Definitions.
    617.0205 Organizational meeting of directors.
    617.0302 Corporate powers.
    617.0501 Registered office and registered agent.
    617.0503 Registered agent; duties; confidentiality of investigation records.
    617.0505 Payment of dividends and distribution of income to members prohibited; issuance of certificates of membership; effect of stock issued under prior law.
    617.0601 Members, generally.
    617.0605
    617.0606
    617.0607
    617.0608
    617.0701 Meetings of members, generally; failure to hold annual meeting; special meeting; consent to corporate actions without meetings; waiver of notice of meetings.
    617.0721 Voting by members.
    617.0725 Quorum.
    617.07401
    617.0801 Requirement for and duties of board of directors.
    617.0802 Qualifications of directors.
    617.0806 Staggered terms for directors.
    617.0808 Removal of directors.
    617.0809 Vacancy on board.
    617.0824 Quorum and voting.
    617.0832 Director conflicts of interest.
    617.0833 Loans to directors or officers.
    617.0834 Officers and directors of certain corporations and associations not for profit; immunity from civil liability.
    617.1007 Restated articles of incorporation.
    617.1101 Plan of merger.
    617.1102
    617.1301
    617.1302
    617.1405 Effect of dissolution.
    617.1407
    617.1408
    617.1421 Procedure for and effect of administrative dissolution.
    617.1422 Reinstatement following administrative dissolution.
    617.1430 Grounds for judicial dissolution.
    617.1503 Application for certificate of authority.
    617.1504 Amended certificate of authority.
    617.1506 Corporate name of foreign corporation.
    617.1530 Grounds for revocation of authority to conduct affairs.
    617.1601 Corporate records.
    617.1602 Inspection of records by members.
    617.1605 Financial reports for members.
    617.1703
    617.1803 Domestication of foreign not-for-profit corporations.
    617.1806 Conversion to corporation not for profit; petition and contents.
    617.1907 Effect of repeal of prior acts.
    617.2103 Exemptions for certain corporations.

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  • CS/SB 1288, Committee Substitute 1 Posted 3/12/2009 at 11:28 AM

    Bill Text:   Web Page | PDF
    Analyses:   Commerce (Post-Meeting) (pdf)

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    658932 - Amendment
    Judiciary
    (Gelber)
    3/24/2009
    4:04 PM
    Replaced by Committee Substitute
    3/25/2009
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/25/2009 10:15 AM Judiciary 8 Yeas - 0 Nays

    Citations - Statutes (53)

    Citation Catchline Location in Bill Location In Bill Help
    607.0501 Registered office and registered agent.
    607.1406 Known claims against dissolved corporation.
    607.1620 Financial statements for shareholders.
    617.01201 Filing requirements.
    617.0122 Fees for filing documents and issuing certificates.
    617.0124 Correcting filed document.
    617.01401 Definitions.
    617.0205 Organizational meeting of directors.
    617.0302 Corporate powers.
    617.0501 Registered office and registered agent.
    617.0503 Registered agent; duties; confidentiality of investigation records.
    617.0505 Payment of dividends and distribution of income to members prohibited; issuance of certificates of membership; effect of stock issued under prior law.
    617.0601 Members, generally.
    617.0605
    617.0606
    617.0607
    617.0608
    617.0701 Meetings of members, generally; failure to hold annual meeting; special meeting; consent to corporate actions without meetings; waiver of notice of meetings.
    617.0721 Voting by members.
    617.0725 Quorum.
    617.07401
    617.0801 Requirement for and duties of board of directors.
    617.0802 Qualifications of directors.
    617.0806 Staggered terms for directors.
    617.0808 Removal of directors.
    617.0809 Vacancy on board.
    617.0824 Quorum and voting.
    617.0832 Director conflicts of interest.
    617.0833 Loans to directors or officers.
    617.0834 Officers and directors of certain corporations and associations not for profit; immunity from civil liability.
    617.1007 Restated articles of incorporation.
    617.1101 Plan of merger.
    617.1102
    617.1301
    617.1302
    617.1405 Effect of dissolution.
    617.1407
    617.1408
    617.1421 Procedure for and effect of administrative dissolution.
    617.1422 Reinstatement following administrative dissolution.
    617.1430 Grounds for judicial dissolution.
    617.1503 Application for certificate of authority.
    617.1504 Amended certificate of authority.
    617.1506 Corporate name of foreign corporation.
    617.1530 Grounds for revocation of authority to conduct affairs.
    617.1601 Corporate records.
    617.1602 Inspection of records by members.
    617.1605 Financial reports for members.
    617.1703
    617.1803 Domestication of foreign not-for-profit corporations.
    617.1806 Conversion to corporation not for profit; petition and contents.
    617.1907 Effect of repeal of prior acts.
    617.2103 Exemptions for certain corporations.

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  • SB 1288, Original Filed Version Posted 3/3/2009 at 3:55 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Committee Amendments (10)

    Amendment Sponsor Filed Last Committee Action Format
    622640 - Amendment
    Commerce
    (Sobel)
    3/6/2009
    5:17 PM
    Favorable
    3/10/2009
    Web Page
    PDF
    376274 - Amendment
    Commerce
    (Garcia)
    3/9/2009
    2:41 PM
    Favorable
    3/10/2009
    Web Page
    PDF
    464570 - Amendment
    Commerce
    (Garcia)
    3/9/2009
    2:42 PM
    Favorable
    3/10/2009
    Web Page
    PDF
    840266 - Amendment
    Commerce
    (Garcia)
    3/9/2009
    2:42 PM
    Favorable
    3/10/2009
    Web Page
    PDF
    267164 - Amendment
    Commerce
    (Garcia)
    3/9/2009
    2:42 PM
    Favorable
    3/10/2009
    Web Page
    PDF
    814194 - Amendment
    Commerce
    (Garcia)
    3/9/2009
    2:42 PM
    Favorable
    3/10/2009
    Web Page
    PDF
    204816 - Amendment
    Commerce
    (Garcia)
    3/9/2009
    2:42 PM
    Favorable
    3/10/2009
    Web Page
    PDF
    245536 - Amendment
    Commerce
    (Garcia)
    3/9/2009
    2:42 PM
    Favorable
    3/10/2009
    Web Page
    PDF
    252550 - Amendment
    Commerce
    (Garcia)
    3/9/2009
    2:43 PM
    Favorable
    3/10/2009
    Web Page
    PDF
    663926 - Amendment
    Commerce
    (Garcia)
    3/9/2009
    2:43 PM
    Favorable
    3/10/2009
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/10/2009 2:15 PM Commerce 9 Yeas - 0 Nays

    Citations - Statutes (52)

    Citation Catchline Location in Bill Location In Bill Help
    607.0501 Registered office and registered agent.
    607.1620 Financial statements for shareholders.
    617.01201 Filing requirements.
    617.0122 Fees for filing documents and issuing certificates.
    617.0124 Correcting filed document.
    617.01401 Definitions.
    617.0205 Organizational meeting of directors.
    617.0302 Corporate powers.
    617.0501 Registered office and registered agent.
    617.0503 Registered agent; duties; confidentiality of investigation records.
    617.0505 Payment of dividends and distribution of income to members prohibited; issuance of certificates of membership; effect of stock issued under prior law.
    617.0601 Members, generally.
    617.0605
    617.0606
    617.0607
    617.0608
    617.0701 Meetings of members, generally; failure to hold annual meeting; special meeting; consent to corporate actions without meetings; waiver of notice of meetings.
    617.0721 Voting by members.
    617.0725 Quorum.
    617.07401
    617.0801 Requirement for and duties of board of directors.
    617.0802 Qualifications of directors.
    617.0806 Staggered terms for directors.
    617.0808 Removal of directors.
    617.0809 Vacancy on board.
    617.0824 Quorum and voting.
    617.0832 Director conflicts of interest.
    617.0833 Loans to directors or officers.
    617.0834 Officers and directors of certain corporations and associations not for profit; immunity from civil liability.
    617.1007 Restated articles of incorporation.
    617.1101 Plan of merger.
    617.1102
    617.1301
    617.1302
    617.1405 Effect of dissolution.
    617.1407
    617.1408
    617.1421 Procedure for and effect of administrative dissolution.
    617.1422 Reinstatement following administrative dissolution.
    617.1430 Grounds for judicial dissolution.
    617.1503 Application for certificate of authority.
    617.1504 Amended certificate of authority.
    617.1506 Corporate name of foreign corporation.
    617.1530 Grounds for revocation of authority to conduct affairs.
    617.1601 Corporate records.
    617.1602 Inspection of records by members.
    617.1605 Financial reports for members.
    617.1703
    617.1803 Domestication of foreign not-for-profit corporations.
    617.1806 Conversion to corporation not for profit; petition and contents.
    617.1907 Effect of repeal of prior acts.
    617.2103 Exemptions for certain corporations.

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