BILL · 1997–98 SESSION

SB 6528: Securities litigation

Limiting actions in state courts involving federally regulated securities.

Summary

  • Declares that no private civil action based upon the statutory or common law of this state or any of its political subdivisions may be maintained in any state court by any private party alleging: (1) An untrue statement or omission in connection with the purchase or sale of any covered security; or (2) that the defendant used or employed any manipulative or deceptive device or contrivance in connection with the…

From the Bill Digest (SB 6528), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 21, 1998
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
James West (R-6)
Introduced
January 21, 1998 in the Senate
Last action
January 21, 1998

Sponsors

Prime sponsor: James West (R-6)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

No recorded floor votes. This measure never reached a floor 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 6528 in other sessions

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

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