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MO HB1741

Bill

Status

Passed

7/14/2010

Primary Sponsor

Bryan Pratt

Click for details

Origin

House of Representatives

2010 Regular Session

AI Summary

  • 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.

  • Permits regular board meetings to be held without notice if bylaws allow, while special meetings require notice as prescribed by bylaws.

  • 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.

  • Requires the secretary to file written consents or electronic transmissions with meeting minutes in the same format as the minutes themselves (paper or electronic).

  • 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

Committee Referrals

Judiciary And Civil And Criminal Jurisprudence3/18/2010
Rules2/10/2010

Full Bill Text

No bill text available