Bill

Bill > H0379


ID H0379

ID H0379
Amends existing law to provide that only one incorporator of a nonprofit corporation need sign the articles of incorporation when filing with the Secretary of State.


summary

Introduced
01/22/2018
In Committee
02/09/2018
Crossed Over
02/05/2018
Passed
Dead
Signed/Enacted/Adopted
03/01/2018

Introduced Session

2018 Regular Session

Bill Summary

NONPROFIT CORPORATIONS -- Amends existing law to provide that only one incorporator of a nonprofit corporation need sign the articles of incorporation when filing with the Secretary of State.

AI Summary

This bill amends existing law to provide that only one incorporator of a nonprofit corporation need sign the articles of incorporation when filing with the Secretary of State. The key provisions of the bill are: 1. It removes the requirement that each incorporator named in the articles of incorporation must sign the articles. 2. It retains the other existing requirements for the contents of the articles of incorporation, such as setting forth the corporate name, purpose, initial directors, and other information.

Committee Categories

Government Affairs, Justice

Sponsors (0)

No sponsors listed

Other Sponsors (1)

State Affairs Committee (House)

Last Action

Reported Signed by Governor on March 1, 2018 Session Law Chapter 28 Effective: 07/01/2018 (on 03/01/2018)

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