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2006 SESSION

• | print version

SB 78 Stock Corporation Act; mergers to form holding companies.

Introduced by: John C. Watkins | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Stock Corporation Act; short form mergers to form holding companies.  Establishes a procedure by which a constituent corporation may merge an indirect subsidiary into itself, or merge itself into an indirect subsidiary, to form a holding company. The process may be accomplished without approval of shareholders of the constituent corporation or the directors or shareholders of the indirect subsidiary if specified conditions are met.

FULL TEXT

• 01/06/06  Senate: Prefiled and ordered printed; offered 01/11/06 062645840  pdf | impact statement
• 02/28/06  Senate: Bill text as passed Senate and House (SB78ER)  pdf | impact statement
• 04/05/06  Governor: Acts of Assembly Chapter text (CHAP0363)  pdf

AMENDMENTS

• House amendments
• House amendments engrossed

HISTORY

• 01/06/06  Senate: Prefiled and ordered printed; offered 01/11/06 062645840
• 01/06/06  Senate: Referred to Committee on Commerce and Labor
• 01/16/06  Senate: Reported from Commerce and Labor (15-Y 0-N)
• 01/18/06  Senate: Constitutional reading dispensed (39-Y 0-N)
• 01/18/06  Senate: VOTE: (39-Y 0-N)
• 01/19/06  Senate: Read second time and engrossed
• 01/20/06  Senate: Read third time and passed Senate (38-Y 0-N)
• 01/20/06  Senate: VOTE: (38-Y 0-N)
• 01/20/06  Senate: Communicated to House
• 01/23/06  House: Placed on Calendar
• 01/23/06  House: Read first time
• 01/23/06  House: Referred to Committee on Commerce and Labor
• 02/16/06  House: Reported from Commerce and Labor with amendments (21-Y 0-N)
• 02/20/06  House: Read second time
• 02/21/06  House: Read third time
• 02/21/06  House: Committee amendments agreed to
• 02/21/06  House: Engrossed by House as amended
• 02/21/06  House: Passed House with amendments BLOCK VOTE (98-Y 0-N)
• 02/21/06  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
• 02/23/06  Senate: House amendments agreed to by Senate (40-Y 0-N)
• 02/23/06  Senate: VOTE: (40-Y 0-N)
• 02/28/06  Senate: Bill text as passed Senate and House (SB78ER)
• 02/28/06  Senate: Enrolled
• 03/01/06  House: Signed by Speaker
• 03/02/06  Senate: Signed by President
• 03/30/06  Governor: Approved by Governor-Chapter 363 (effective 7/1/06)
• 04/05/06  Governor: Acts of Assembly Chapter text (CHAP0363)