HB 29 Business Entity Mergers (effective date May 10, 2011):
This bill enables, by statute, any statutory business entity to merge with any other statutory business entity.
SB 95 Shareholder Action Without Meeting (effective date May 10, 2011):
This bill revises requirements related to when action may be taken without holding a shareholder meeting, including timing, consent, and the type of actions that may be taken. Notice of this may be stated in the articles of incorporation or the bylaws.
SB 131 Unincorporated Business Entity Uniform Acts (effective date: see dates below):
This bill updates the statutes for Limited Partnerships, Limited Liability Companies and General Partnerships. It has a delayed effective date of July 1, 2012 for new filings and January 1, 2014 for existing entities to come in to compliance.
Previous Legislation affecting the Division of Corporations and Commercial Code: