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MO SB328
Bill
Status
Introduced
2/23/2011
Primary Sponsor
Jack Goodman
Click for details
AI Summary
- Repeals and replaces section 351.340, RSMo, to modernize rules governing corporate board meetings and director actions
- Permits board directors to consent to actions by electronic transmission in addition to written consent, without requiring an in-person meeting
- Electronic transmissions must be filed with board meeting minutes in the same format as the minutes (paper or electronic)
- Defines "electronic transmission" according to subdivision (2) of subsection 5 of section 351.245
- Maintains existing provisions that director attendance at a meeting constitutes a waiver of notice, except when attending to object to an unlawful meeting
Legislative Description
Allows corporate board members to consent to certain actions by electronic transmission
Last Action
Hearing Conducted S Judiciary and Civil and Criminal Jurisprudence Committee
4/11/2011
Committee Referrals
Judiciary And Civil And Criminal Jurisprudence3/3/2011
Full Bill Text
No bill text available