Bill Title: Amends the Business Corporation Act of 1983. Provides that if the board of directors is authorized to determine the place of a meeting of shareholders, the board of directors may determine that the meeting shall not be held at any place, but may instead be held solely by means of remote communication. Provides that a corporation may allow shareholders to participate in and act at any meeting of the shareholders through the use of remote connection; however, the corporation shall implement reasonable measures to provide the shareholders a reasonable opportunity to participate in the meeting and to vote on matters submitted to the shareholders. Provides that the corporation may implement reasonable measures to verify that each person deemed present and entitled to vote at the meeting by means of remote communication is a shareholder. Makes corresponding changes. Effective immediately.

Spectrum: Partisan Bill (Democrat 62-0)

Status: (Engrossed - Dead) 2021-01-12 - Placed on Calendar Order of Concurrence Senate Amendment(s) 2 [HB0471 Detail]

Text: Latest bill text (Engrossed) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	Third Reading in Senate	2021-01-12	56	0	2	0	58	Passed	Link	View
House	Third Reading in House	2019-04-11	73	41	1	0	115	Passed	Link	View

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