Senate Commerce Committee Statement - Assembly Bill No. 4918 (State of New Jersey, May 13, 2021)
Summary
The New Jersey Senate Commerce Committee reported Assembly Bill No. 4918 favorably on May 13, 2021. The bill authorizes fully remote shareholders' meetings and, as reported, is identical to Senate Bill No. 3266.
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“Senate Commerce Committee Statement - Assembly Bill No. 4918 (State of New Jersey, May 13, 2021).”
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SENATE COMMERCE COMMITTEE
STATEMENT TO
ASSEMBLY, No. 4918
STATE OF NEW JERSEY
DATED: MAY 13, 2021
The Senate Commerce 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.
As reported, this bill is identical to Senate Bill No. 3266 as also
reported by the committee.
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