Assembly Commerce and Economic Development Committee Statement to Assembly, No. 4918 (March 8, 2021)

Summary

The New Jersey Assembly Commerce and Economic Development Committee reported Assembly Bill No. 4918 favorably on March 8, 2021. The bill lets a corporation hold a shareholders' meeting solely by remote participation, which current law allowed only during the coronavirus disease 2019 pandemic.

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Cite this document

“Assembly Commerce and Economic Development Committee Statement to Assembly, No. 4918 (March 8, 2021).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2021-03-08-ace-a4918-s1-36dcd9b868/, SHA-256 f31cad1ccf45c430dba2aa4b04c0a05e547bee3c03367cf8224964726f1e5c0f.

Full text

ASSEMBLY COMMERCE AND ECONOMIC DEVELOPMENT
                COMMITTEE

                        STATEMENT TO

                    ASSEMBLY, No. 4918

       STATE OF NEW JERSEY
                          DATED: MARCH 8, 2021

         The Assembly Commerce and Economic Development Committee
      reports favorably Assembly Bill No. 4918.
         This bill authorizes a corporation to conduct a meeting of
      shareholders solely by means of remote participation. Current law
      authorizes corporations to conduct remote meetings only during the
      coronavirus disease 2019 pandemic.

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