BILL · 2011–12 SESSION · LATEST VERSION SSB 5495

SB 5495: Corporation shareholders

Concerning shareholder quorum and voting requirements under the Washington business corporation act.

Summary

  • Establishes alternative shareholder quorum and voting requirements applicable to corporations that have foreign shareholders and meet other specified criteria.

From the Substitute House Bill Report (SSB 5495), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 42, Laws of 2011
  1. IntroducedJan 27, 2011
  2. Out of committeeFeb 21, 2011
  3. Passed SenateMar 2, 2011
  4. Passed HouseApr 1, 2011
  5. GovernorApr 13, 2011
  6. LawApr 13, 2011
Prime sponsor
Jeanne Kohl-Welles (D-36)
Introduced
January 27, 2011 in the Senate
Last action
April 13, 2011
Session law
Chapter 42, Laws of 2011
Companion bill
HB 1386
Versions
SB 5495, SSB 5495

AN ACT Relating to shareholder quorum and voting requirements under the Washington business corporation act;

Sponsors

Prime sponsor: Jeanne Kohl-Welles (D-36)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

Senate · 3rd Reading & Final Passage

Passed March 2, 2011
Version voted on: SSB 5495
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat27000
Republican22000
How each member voted

House · Final Passage

Passed April 1, 2011
Version voted on: SSB 5495
91 Yea 1 Nay 0 Absent 5 Excused
PartyYeaNayAbsentExcused
Democrat54001
Republican37104
How each member voted

Yea (91)

Nay (1)

History

  1. Governor signed. (SSB 5495)
  2. Chapter 42, 2011 Laws. (SSB 5495)
  3. Effective date 4/13/2011. (SSB 5495)
  4. Delivered to Governor. (SSB 5495)
  5. Speaker signed. (SSB 5495)
  6. President signed. (SSB 5495)
  7. Third reading, passed; yeas, 91; nays, 1; absent, 0; excused, 5. (SSB 5495)
  8. Rules suspended. Placed on Third Reading. (SSB 5495)
  9. Placed on second reading by Rules Committee. (SSB 5495)
  10. Passed to Rules Committee for second reading. (SSB 5495)
  11. JUDI - Executive action taken by committee. (SSB 5495)
  12. JUDI - Majority; do pass. (SSB 5495)
  13. First reading, referred to Judiciary. (SSB 5495)
  14. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0. (SSB 5495)
  15. Rules suspended. Placed on Third Reading. (SSB 5495)
  16. 1st substitute bill substituted. (SSB 5495)
  17. 1st substitute bill substituted.
  18. Placed on second reading by Rules Committee. (SSB 5495)
  19. Placed on second reading by Rules Committee.
  20. Passed to Rules Committee for second reading. (SSB 5495)
  21. JUD - Majority; 1st substitute bill be substituted, do pass. (SSB 5495)
  22. JUD - Majority; 1st substitute bill be substituted, do pass.
  23. Passed to Rules Committee for second reading.
  24. First reading, referred to Judiciary.

SB 5495 in other sessions

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

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