An Act relative to permitting public corporations to hold remote annual and special meetings

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act relative to permitting public corporations to hold remote annual and special meetings

An Act relative to permitting public corporations to hold remote annual and special meetings By Representative Jones of North Reading, a petition (accompanied by bill, House, No.

What This Bill Does

• An Act relative to permitting public corporations to hold remote annual and special meetings By Representative Jones of North Reading, a petition (accompanied by bill, House, No.
• 3365) of Bradley H.
• Jones, Jr., and others for legislation to authorize public corporations to hold remote annual and special meetings.
• State Administration and Regulatory Oversight.

Limits and Unknowns

• This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Official Summary Text

An Act relative to permitting public corporations to hold remote annual and special meetings
By Representative Jones of North Reading, a petition (accompanied by bill, House, No. 3365) of Bradley H. Jones, Jr., and others for legislation to authorize public corporations to hold remote annual and special meetings. State Administration and Regulatory Oversight.

Current Bill Text

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Bill H.3365

Section 7.08 of chapter 156D of the General Laws is hereby amended by striking out the first paragraph, as appearing in the 2022 Official Edition, and inserting in place thereof the following paragraph:-

Unless otherwise provided in the articles of organization or bylaws, if authorized by the board of directors: any annual or special meeting of shareholders need not be held at any place but may instead be held solely by means of remote communication, including, if said meetings are held by public corporations; and subject to such guidelines and procedures as the board of directors may adopt, shareholders and proxyholders not physically present at a meeting of shareholders may, by means of remote communications:

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