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2009 SESSION

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HB 2434 Corporations; allows certain to be represented by an officer before general district courts.

Introduced by: William R. Janis | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Certain corporations; pro se representation. Allows a corporation, the stock of which is held by no more than five persons and is not publicly offered or planned to be publicly offered, to be represented by an officer pro se before the general district courts if (i) the amount in controversy is $2,500 or less, and (ii) the officer has the unanimous consent of all the shareholders to do so.

SUMMARY AS PASSED HOUSE:

Closely held corporations; pro se representation.  Allows a closely held corporation to be represented by an officer pro se before the general district courts (i) if the amount in controversy is $2,500 or less, and (ii) the officer has the unanimous consent of all the shareholders to do so. A closely held corporation is defined as a corporation the stock of which is held by no more than five persons and is not publicly offered or planned to be publicly offered.

SUMMARY AS INTRODUCED:

Closely held corporations; pro se representation.  Allows a closely held corporation to be represented by an officer or an employee pro se before the general district courts if the amount in controversy is $4,500 or less.