Bill
Bill > HB2417
TN HB2417
TN HB2417AN ACT to amend Tennessee Code Annotated, Title 4; Title 29; Title 39; Title 46; Title 47; Title 48; Title 50; Title 61; Title 62 and Title 66, relative to business.
summary
Introduced
02/03/2026
02/03/2026
In Committee
Crossed Over
Passed
Dead
Introduced Session
114th General Assembly
Bill Summary
As introduced, increases, from two to three, the number of days' notice that a for-profit corporation must give of the date, time, and place of a meeting to elect directors and complete the organization of the corporation or elect a board of directors to complete the organization of the corporation, if the initial directors are not named in the charter of the corporation. - Amends TCA Title 4; Title 29; Title 39; Title 46; Title 47; Title 48; Title 50; Title 61; Title 62 and Title 66.
AI Summary
This bill, by amending Tennessee Code Annotated (TCA) Section 48-12-105(a)(2), increases the required notice period from two to three days for for-profit corporations to inform shareholders about the date, time, and place of a meeting. This meeting is specifically for electing directors and completing the corporation's organization, particularly when the initial directors are not named in the company's charter. The bill also amends various other titles of the Tennessee Code related to business, though the primary change detailed in the provided text concerns this notice period for corporate meetings.
Sponsors (1)
Last Action
P2C, caption bill, held on desk - pending amdt. (on 02/05/2026)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/Default?BillNumber=HB2417&ga=114 |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/HB2417.pdf |
| Fiscal Note - SB2592 | https://www.capitol.tn.gov/Bills/114/Fiscal/SB2592.pdf |
Loading...