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SB 1020, 71st R.S.

Relating to certain prohibited payments to officers and directors of a corporation in relation to a change of control of the corporation; providing civil penalties.

Last action: Co-author authorized

Author: O.H. Harris
Coauthor: Carl Parker

Companion:

HB 2220 (Identical)

Subjects:
ANTI-GOLDEN PARACHUTE ACT
Business & Commerce--General
CORPORATE TAKEOVER
Corporations & Associations

Senate Committee: Economic Development (O.H. Harris, Teel Bivins, Steven Carriker, Temple Dickson, Gene Green, Bill Haley, Don Henderson, John Leedom, Bill Ratliff, Bill Sims, John Whitmire) Minutes: April 17 1989

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