Summary of the House Committee Version of the Bill

SB 224 -- ARTICLES OF INCORPORATION

SPONSOR:  Goodman (Pratt)

COMMITTEE ACTION:  Voted "do pass" by the Special Committee on
General Laws by a vote of 12 to 0.

This bill allows restated articles of incorporation to omit the
names of original board members and directors and any amendments
that change stock classification, division, combination, or
exchange where the changes have been implemented.

FISCAL NOTE:  No impact on state funds in FY 2010, FY 2011, and
FY 2012.

PROPONENTS:  Supporters say that the bill allows corporations to
provide only current information to the Secretary of State.
Historical information on companies will be kept on file.

Testifying for the bill was Representative Parson for Senator
Goodman.

OPPONENTS:  There was no opposition voiced to the committee.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:26 am