SB 568
Investments; requiring all shareholder and ownership interest votes to be in the pecuniary interest of the beneficiary. Effective date. Emergency.
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill aims to clarify that shareholders and owners of businesses must vote in a way that directly benefits them financially. It establishes a requirement that all votes related to investments must align with the shareholder's or owner's personal financial interests. The bill is being introduced with an emergency clause, indicating a sense of urgency. It also sets an effective date for the new requirements.
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