Illinois General Assembly - Bill Status for HB2949
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 Bill Status of HB2949  102nd General Assembly


Short Description:  BUS CORP-SHAREHOLDERS MEETINGS

House Sponsors
Rep. Bob Morgan

Last Action
DateChamber Action
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
805 ILCS 5/7.05from Ch. 32, par. 7.05
805 ILCS 5/7.15from Ch. 32, par. 7.15
805 ILCS 5/7.30from Ch. 32, par. 7.30


Synopsis As Introduced
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.

Actions 
DateChamber Action
  2/18/2021HouseFiled with the Clerk by Rep. Bob Morgan
  2/19/2021HouseFirst Reading
  2/19/2021HouseReferred to Rules Committee
  3/9/2021HouseAssigned to Judiciary - Civil Committee
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

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