Thursday, July 24, 2008
The General Assembly is not in session.
Tracking Virginia’s General Assembly
since 2007.
SB78: Stock Corporation Act; mergers to form holding companies.
Chief Patron
Sen.
John Watkins (R-10)
John Watkins
(R-10)
Served: 1998–
Progress
 |
Introduced |
|
Passed Committee |
|
Passed House |
|
Passed Senate |
|
Signed by Governor |
|
Became Law |
Status
03/30/2006: signed by governor
Summary
Virginia Stock Corporation Act; short form mergers to form holding companies. Establishes a procedure by which a constituent corporation may merge an indirect subsidiary into itself, or merge itself into an indirect subsidiary, to form a holding company. The process may be accomplished without approval of shareholders of the constituent corporation or the directors or shareholders of the indirect subsidiary if specified conditions are met. View Full Text »
Poll Results
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