2011 Regular Session


File Code: Corporations and Associations Crossfiled with: HOUSE BILL 295
Sponsored By:
Senator Raskin
Corporations - Maryland General Corporation Law - Miscellaneous Provisions


Repealing provisions of law relating to dividends payable in shares of one class of a corporation's stock to holders of shares of another class of the corporation's stock; clarifying that all business and affairs of a corporation, whether or not in the ordinary course, must be managed under the direction of the corporation's board of directors; requiring each nominee for director of a corporation to have the qualifications required by the charter or bylaws of the corporation; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
First Reading Judicial Proceedings
Hearing 3/9 at 1:00 p.m.
House Action
No Action

Bill indexed under the following Subjects:

Committees and Commissions -see also- Political Committees
Corporations -see also- Municipal Corps; Public Corps & Inst
Mergers and Acquisitions

Bill affects the following Statutes:

Corporations and Associations
( 2-309 , 2-401 , 2-403 , 2-404 , 2-405 , 2-408 , 2-408 , 2-503 , 3-105 , 3-109 , 3-511 )


All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered