EC8AA01F413B00728725851A00712082 Hearing Summary

PUBLIC
BILL SUMMARY For HB20-1013

SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date Feb 26, 2020
Location SCR 354

HB20-1013 - Referred to the Committee of the Whole - Consent Calendar

01:35:41 PM

The committee took a recess.

01:35:54 PM

The committee came back to order. Senator Lee introduced House Bill 20-1013, concerning procedures to ratify defective corporate actions. The bill creates a statutory procedure for the ratification or validation of corporate actions that may not have been properly authorized and for shares that may not have been properly issued.

01:41:44 PM

Herrick Lidstone, Colorado Bar Association, spoke in favor of the bill. He responded to questions from the committee.

01:53:32 PM

Senator Lee made closing comments on the merits of the bill.

01:54:53 PM	Motion	Refer House Bill 20-1013 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
	Moved	Danielson
	Seconded

	Priola	Yes
	Story	Yes
	Tate	Yes
	Danielson	Yes
	Williams A.	Yes
	Final	YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

HB20-1013 - Referred to the Committee of the Whole - Consent Calendar

Colorado General Assembly