HB331 Alabama 2012 Session
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Bill Summary
Sponsors
Session
Regular Session 2012
Title
Corporations, share exchange transactions, requirements, Sec. 10A-2-11.02 am'd
Description
Under existing law, one or more corporations may merge into another corporation
This bill would provide for a share exchange between two corporations whereby a corporation may acquire all of the outstanding shares of one or more classes or series of stock of another corporation
Relating to corporations; to amend Section 10A-2-11.02 of the Code of Alabama 1975, to provide for share exchange transactions.
Subjects
Corporations
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 17, 2012 | Pending third reading on day 21 Favorable from Governmental Affairs | |
| April 17, 2012 | Read for the second time and placed on the calendar | |
| March 15, 2012 | Read for the first time and referred to the Senate committee on Governmental Affairs | |
| March 14, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 297 | |
| March 14, 2012 | Third Reading Passed | |
| February 23, 2012 | Read for the second time and placed on the calendar | |
| February 14, 2012 | Read for the first time and referred to the House of Representatives committee on Commerce and Small Business |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB331 Alabama 2012 Session - Introduced |