Senate2023-24 session

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, 2023
    96 yea · 0 nay · 2 not voting
  • Senate — Final Passage as Amended by the House · April 13, 2023
    47 yea · 0 nay · 2 not voting
  • Senate — 3rd Reading & Final Passage · January 25, 2023
    49 yea · 0 nay

Track SB 5004 on OlympiaTrack

A free account adds a plain-English AI summary, the full hearing and amendment record, who testified, and roll calls by member. Plus email alerts when this bill moves.

Create a free account

Other bills sponsored by Pedersen

All 2023-24 Washington State bills →

Source: the Washington State Legislature. OlympiaTrack is an independent bill-tracking service and is not affiliated with the Legislature. View on leg.wa.gov ↗