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Legislative Year: 2023 Change
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Bill Detail: HB23-1297

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Title Prohibit Corporation Issuing Scrip In Bearer Form
Status Governor Signed (06/07/2023)
Bill Subjects
  • Business & Economic Development
House Sponsors E. Epps (D)
R. Taggart (R)
Senate Sponsors B. Pelton (R)
House Committee Finance
Senate Committee Business, Labor and Technology
Date Introduced 04/19/2023
Summary

Statutory Revision Committee. The bill repeals the allowance for
a corporation to issue a scrip in bearer form upon the holder surrendering
enough scrip to equal a full share. This repeal is in conformance with
federal law, which has prohibited such practice since 2021.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (08/29/2023) (most recent)  
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