Files
2026-07-06 17:28:36 -04:00

5.8 KiB
Raw Permalink Blame History

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 Corporations: dissolutions: separate shareholder agreements. Existing law governs suits concerning the dissolution of corporations. Under this law, subject to any contrary provision in the articles, in a suit for involuntary dissolution or a proceeding for voluntary dissolution initiated by a shareholder vote representing only 50% of the voting power, the corporation or, if it does not elect to purchase, the holders of 50% or more of the voting power, as purchasing shareholders, may avoid the corporation's dissolution and appointment of a receiver by purchasing the plaintiff's or shareholder's shares at fair value. us/states/ca California Legislature 20172018 AB 1535 California AB 1535 (20172018)
bill
Corporations: dissolutions: separate shareholder agreements.
enacted
Maienschein
6 20 1 2017-02-17 2017-10-12 openstates ocd-bill/4d650d8a-6335-4f8e-b32b-7682953a1135 http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180AB1535 092ec2bca918e0b5fd5cc1e86999934f08329c915692c67e6721817228b57a38 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-ca

California AB 1535 (20172018) — Corporations: dissolutions: separate shareholder agreements.

Existing law governs suits concerning the dissolution of corporations. Under this law, subject to any contrary provision in the articles, in a suit for involuntary dissolution or a proceeding for voluntary dissolution initiated by a shareholder vote representing only 50% of the voting power, the corporation or, if it does not elect to purchase, the holders of 50% or more of the voting power, as purchasing shareholders, may avoid the corporation's dissolution and appointment of a receiver by purchasing the plaintiff's or shareholder's shares at fair value.

Version chain

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

  1. 02/17/17 - Introduced (filed) — source
  2. 06/08/17 - Amended Senate (committee substitute) — source
  3. 06/21/17 - Amended Senate (committee substitute) — source
  4. 10/12/17 - Chaptered (committee substitute) — source
  5. AB1535 (committee substitute) — source
  6. 09/07/17 - Enrolled (enrolled) — source

Votes

  • AB 1535 MAIENSCHEIN Concurrence in Senate Amendments — 760 (pass) · lower

Sponsors

  • Maienschein — primary (person)

Timeline

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

  • 2017-02-17 Read first time. To print. reading-1
  • 2017-02-19 From printer. May be heard in committee March 21.
  • 2017-03-16 Referred to Com. on B. & F. referral-committee
  • 2017-03-29 In committee: Hearing postponed by committee.
  • 2017-05-02 From committee: Do pass. (Ayes 10. Noes 0.) (May 1). committee-passage-favorable, committee-passage
  • 2017-05-03 Read second time. Ordered to third reading. reading-2, reading-1
  • 2017-05-04 Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 1386.) reading-3, passage, reading-1
  • 2017-05-04 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
  • 2017-05-17 Referred to Coms. on B. & F.I. and JUD. referral-committee
  • 2017-06-07 From committee: Amend, and do pass as amended and re-refer to Com. on JUD. (Ayes 11. Noes 0.) (June 7). amendment-passage, committee-passage, amendment-introduction
  • 2017-06-08 Read second time and amended. Re-referred to Com. on JUD. amendment-passage, reading-2, referral-committee, reading-1
  • 2017-06-21 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD. amendment-passage, referral-committee, reading-2, reading-1, amendment-introduction
  • 2017-07-19 From committee: Do pass. (Ayes 7. Noes 0.) (July 18). committee-passage-favorable, committee-passage
  • 2017-07-20 Read second time. Ordered to third reading. reading-2, reading-1
  • 2017-08-31 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 2336.). reading-3, passage, reading-1
  • 2017-08-31 In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 2 pursuant to Assembly Rule 77.
  • 2017-09-05 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 0. Page 2940.). committee-passage-favorable, amendment-passage
  • 2017-09-12 Enrolled and presented to the Governor at 2:30 p.m.
  • 2017-10-12 Approved by the Governor. executive-signature
  • 2017-10-12 Chaptered by Secretary of State - Chapter 721, Statutes of 2017.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/4d650d8a-6335-4f8e-b32b-7682953a1135. Confidence: reported (aggregated from official California legislature records).