WA People
BILL · 1997–98 SESSION · LATEST VERSION SSB 5107

SB 5107: Business corp. consent

Modifying consent provisions under the Washington business corporation act.

Summary

  • Corporate action may be authorized or taken by the non-unanimous written consent of the shareholders of a nonpublic company, where provision is made for such consent in the articles of incorporation. Provisions relating to target corporations engaging in significant business transactions are clarified.

From the Substitute Senate Bill Report (SSB 5107), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 19, Laws of 1997
  1. IntroducedJan 15, 1997
  2. Out of committee
  3. Passed SenateMar 10, 1997
  4. Passed HouseApr 8, 1997
  5. Governor
  6. LawApr 15, 1997
Prime sponsor
Pam Roach (R-31)
Introduced
January 15, 1997 in the Senate
Last action
April 15, 1997
Session law
Chapter 19, Laws of 1997
Versions
SB 5107, SSB 5107

Sponsors

Prime sponsor: Pam Roach (R-31)

1 co-sponsor (0 Democrats, 1 Republican)

Stephen Johnson R-47

Votes

Senate · Final Passage

March 10, 1997
Version voted on: SSB 5107
47 Yea 0 Nay 1 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat23000
Republican24011
How each member voted

Yea (47)

Absent (1)

Excused (1)

Permalink to this vote

House · Final Passage

April 8, 1997
Version voted on: SSB 5107
95 Yea 0 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat42000
Republican53003
How each member voted

Yea (95)

Excused (3)

Permalink to this vote

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5107 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

Report wrong or missing information on this page