republic-os/legislation/us/states/ca/20112012/ab-2668.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Corporate agents: indemnification.	Existing law authorizes a nonprofit public benefit corporation, mutual benefit corporation, religious corporation, and consumer cooperative corporation to indemnify its agents, as defined, in proceedings, as defined. Existing law provides that the authority of those corporations to so indemnify their agents does not apply to any proceeding against any trustee, investment manager or other fiduciary of an employee benefit plan. Existing law authorizes all corporations, and the corporations described above specifically, to indemnify and purchase and maintain insurance on behalf of a fiduciary of specified employee benefit plans, trusts, or provisions for directors, officers, employees, and persons providing services to the corporation or its affiliates.	us/states/ca	California Legislature	20112012	AB 2668	California AB 2668 (20112012)	bill	Corporate agents: indemnification.	enacted	Committee on Banking and Finance	4	15	4	2012-03-05	2012-07-09	openstates	ocd-bill/ae12794b-f1e6-4f03-b3cc-0463a87e9c89	http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120AB2668	83c46f408ba1b3081a49f27f513047a325732c3c6b6ac633aa76467bf66adbf8	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ca

California AB 2668 (20112012) — Corporate agents: indemnification.

Existing law authorizes a nonprofit public benefit corporation, mutual benefit corporation, religious corporation, and consumer cooperative corporation to indemnify its agents, as defined, in proceedings, as defined. Existing law provides that the authority of those corporations to so indemnify their agents does not apply to any proceeding against any trustee, investment manager or other fiduciary of an employee benefit plan. Existing law authorizes all corporations, and the corporations described above specifically, to indemnify and purchase and maintain insurance on behalf of a fiduciary of specified employee benefit plans, trusts, or provisions for directors, officers, employees, and persons providing services to the corporation or its affiliates.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. 03/05/12 - Introduced (filed) — source
2. 07/09/12 - Chaptered (committee substitute) — source
3. AB2668 (committee substitute) — source
4. 06/21/12 - Enrolled (enrolled) — source

Votes

• Do pass and be placed on the Consent Calendar. — 4–0 (pass) · upper
• AB 2668 B. & F. Consent Calendar Second Day — 71–0 (pass) · lower
• Do pass, to Consent Calendar. — 12–0 (pass) · lower
• Consent Calendar 2nd AB2668 Committee on B. & F. — 36–0 (pass) · upper

Sponsors

• Committee on Banking and Finance — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2012-03-05 Read first time. To print. reading-1
• 2012-03-06 From printer. May be heard in committee April 5.
• 2012-03-19 Referred to Com. on B. & F. referral-committee
• 2012-04-17 From committee: Do pass. To consent calendar. (Ayes 12. Noes 0.) (April 16). committee-passage, committee-passage-favorable
• 2012-04-18 Read second time. Ordered to consent calendar. reading-2, reading-1
• 2012-04-23 Read third time. Passed. Ordered to the Senate. (Ayes 71. Noes 0. Page 4491.) reading-3, reading-1, passage
• 2012-04-23 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
• 2012-04-26 Referred to Com. on JUD. referral-committee
• 2012-06-13 From committee: Do pass. To consent calendar. (Ayes 4. Noes 0.) (June 12). committee-passage, committee-passage-favorable
• 2012-06-14 Read second time. Ordered to consent calendar. reading-2, reading-1
• 2012-06-18 Read third time. Passed. Ordered to the Assembly. (Ayes 36. Noes 0. Page 3958.). reading-3, reading-1, passage
• 2012-06-18 In Assembly. Ordered to Engrossing and Enrolling. committee-passage
• 2012-06-28 Enrolled and presented to the Governor at 11:15 a.m.
• 2012-07-09 Approved by the Governor. executive-signature
• 2012-07-09 Chaptered by Secretary of State - Chapter 61, Statutes of 2012.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/ae12794b-f1e6-4f03-b3cc-0463a87e9c89. Confidence: reported (aggregated from official California legislature records).