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MO HB1741
Bill
Status
7/14/2010
Primary Sponsor
Bryan Pratt
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AI Summary
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Allows directors to consent to corporate actions in writing or by electronic transmission instead of requiring an in-person meeting, with all members' consent having the same force as a unanimous vote.
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Permits regular board meetings to be held without notice if bylaws allow, while special meetings require notice as prescribed by bylaws.
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Establishes that a director's attendance at a meeting constitutes a waiver of notice, except when the director explicitly objects to the meeting's legality.
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Requires the secretary to file written consents or electronic transmissions with meeting minutes in the same format as the minutes themselves (paper or electronic).
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Defines "electronic transmission" for consent purposes according to the definition in section 351.245 of Missouri law.
Legislative Description
Changes the laws regarding a meeting of a board of directors or the executive committee of a corporation
Last Action
Delivered to Secretary of State (G)
7/14/2010