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SB363 Alabama 2012 Session

Updated Jul 25, 2021
SB363 Alabama 2012 Session
Senate Bill
Enacted
Current Status
Regular Session 2012
Session
1
Sponsor

Summary

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.

Subjects
Corporations

Bill Actions

Delivered to Governor at 11:30 p.m. on May 16, 2012

Assigned Act No. 2012-563.

Enrolled

Signature Requested

Passed Second House

Motion to Read a Third Time and Pass adopted Roll Call 1587

Third Reading Passed

Read for the second time and placed on the calendar

Read for the first time and referred to the House of Representatives committee on Commerce and Small Business

Motion to Read a Third Time and Pass adopted Roll Call 711

Third Reading Passed

Read for the second time and placed on the calendar

Read for the first time and referred to the Senate committee on Judiciary

Bill Text

Votes

Motion to Read a Third Time and Pass

April 19, 2012 Senate Passed
Yes 22
Abstained 1
Absent 12

Documents

Source: Alabama Legislature