SB 5004 — Making updates to the Washington business corporation act.
Signed into law — Chapter 432, Laws of 2023
- Sponsor
- Pedersen
- Introduced
- January 9, 2023
- Status
- C 432 L 23
- Last action
- Effective date 7/23/2023. (May 11, 2023)
What this bill does
Amends the Washington Business Corporation Act to specify procedures for implementing stock splits, authorize and establish requirements for holding company reorganization transactions, and clarify when shareholder approval of a merger or share exchange is not required.
From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗
Floor votes
- House — Final Passage as Amended by the House · March 20, 202396 yea · 0 nay · 2 not voting
- Senate — Final Passage as Amended by the House · April 13, 202347 yea · 0 nay · 2 not voting
- Senate — 3rd Reading & Final Passage · January 25, 202349 yea · 0 nay
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Source: the Washington State Legislature. OlympiaTrack is an independent bill-tracking service and is not affiliated with the Legislature. View on leg.wa.gov ↗