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2002 SESSION

• | print version

SB 254 Business Corporations Act; domestication and conversion, fees.

Introduced by: William C. Wampler, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Corporations; domestication and conversion; fees. Changes from July 1, 2002, to February 1, 2002, the effective date of legislation enacted in 2001 that adopted certain Revised Model Business Corporations Act procedures. However, only domestic corporations that were incorporated before July 1, 1970, and that are authorized to issue 5,000 or more shares may convert to limited liability company status prior to July 1, 2002. This bill has an emergency clause.

FULL TEXT

• 01/09/02  Senate: Pres. & ord. printed w/emg. clause pref.01/08/02 025577556  pdf | impact statement
• 01/17/02  Senate: Printed as engrossed 025577556-E  pdf | impact statement
• 01/25/02  Senate: Bill text as passed Senate and House (SB254ER)  pdf | impact statement
• 02/01/02  Governor: Acts of Assembly Chapter text (CHAP0001)  pdf

AMENDMENTS

• Senate amendments

HISTORY

• 01/09/02  Senate: Pres. & ord. printed w/emg. clause pref.01/08/02 025577556
• 01/09/02  Senate: Referred to Committee on Commerce and Labor
• 01/14/02  Senate: Reported from Commerce and Labor (15-Y 0-N)
• 01/16/02  Senate: Constitutional reading dispensed (40-Y 0-N)
• 01/16/02  Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
• 01/17/02  Senate: Read second time
• 01/17/02  Senate: Reading of amendment waived
• 01/17/02  Senate: Amendment by Sen. Wampler agreed to
• 01/17/02  Senate: Engrossed by Senate as amended
• 01/17/02  Senate: Printed as engrossed 025577556-E
• 01/18/02  Senate: Read third time and passed Senate (39-Y 0-N)
• 01/18/02  Senate: VOTE: PASSAGE R (39-Y 0-N)
• 01/18/02  Senate: Communicated to House
• 01/21/02  House: Placed on Calendar
• 01/21/02  House: Read first time
• 01/21/02  House: Referred to Committee on Commerce and Labor
• 01/22/02  House: Reported from Commerce and Labor (22-Y 0-N)
• 01/24/02  House: Read second time
• 01/25/02  House: Read third time
• 01/25/02  House: Passed House (99-Y 0-N)
• 01/25/02  House: VOTE: PASSAGE EMERGENCY (99-Y 0-N)
• 01/25/02  Senate: Bill text as passed Senate and House (SB254ER)
• 01/25/02  Senate: Enrolled
• 01/25/02  House: Signed by Speaker
• 01/25/02  Senate: Signed by President
• 01/30/02  Governor: Approved by Governor-Chapter 1 (effective 1/30/02)
• 02/01/02  Governor: Acts of Assembly Chapter text (CHAP0001)