HB 1113 allows shareholders to participate in company meetings remotely rather than requiring them to attend in person. The bill modifies South Dakota's corporate and nonprofit corporation laws to establish rules for how remote participation can be conducted and what rights shareholders retain when joining meetings by phone, video, or other electronic means.
AI-generated summary
This bill does not directly amend codified state law.
Signed by the Governor H.J. 480
Delivered to the Governor H.J. 436
Signed by the President S.J. 375
Signed by the Speaker H.J. 392
Senate Do Pass Passed, YEAS 35, NAYS 0. S.J. 322
Senate Do Pass Passed, YEAS 35, NAYS 0. S.J. 322
Taxation Certified uncontested, placed on consent
Taxation Do Pass Passed, YEAS 6, NAYS 0.
Taxation Scheduled for hearing
First read in Senate and referred to Senate Taxation S.J. 206
House of Representatives Do Pass Passed, YEAS 66, NAYS 0. H.J. 256
House of Representatives Do Pass Passed, YEAS 66, NAYS 0. H.J. 258
Judiciary Certified uncontested, placed on consent
Judiciary Do Pass Passed, YEAS 11, NAYS 0.
Judiciary Scheduled for hearing
House of Representatives Referred to House Judiciary H.J. 107
First Reading House H.J. 83
Craig Kennedy
Prime sponsor · Sen.
D
Tim Rounds
Prime sponsor · Rep.
R
Cosponsors
Taxation — Do Pass
Do Pass
Judiciary — Do Pass