Fabio
79 lines
5.0 KiB
Markdown
79 lines
5.0 KiB
Markdown
---
|
||
type: "Bill"
|
||
title: "Specify Procedure Ratify Defective Corporate Actions"
|
||
description: "The act provides a statutory procedure for the ratification or validation of corporate actions that may not have been properly authorized and for shares that may not have been properly issued. The statutory ratification procedure supplements common-law ratification and is available only when the board of directors specifies the nature of the defective authorization. Prompt judicial review and validation of the ratification process is available when a listed person claims to be substantially and adversely affected by the ratification."
|
||
jurisdiction: "us/states/co"
|
||
legislature: "Colorado General Assembly"
|
||
session: "2020A"
|
||
identifier: "HB 20-1013"
|
||
citation: "Colorado HB 20-1013 (2020A)"
|
||
classification: ["bill"]
|
||
subjects: []
|
||
status: "enacted"
|
||
primary_sponsors: ["Marc Snyder", "Pete Lee"]
|
||
version_count: 8
|
||
action_count: 13
|
||
vote_count: 2
|
||
first_action: "2020-01-08T07:00:00+00:00"
|
||
last_action: "2020-03-20T06:00:00+00:00"
|
||
source: "openstates"
|
||
source_identifier: "ocd-bill/6ad6fb5e-374f-4b20-b88f-2472aefee849"
|
||
source_url: "http://leg.colorado.gov/bills/hb20-1013"
|
||
source_hash: "10e03c7156061ad13ac2ef550b1db789609fff66eead65c001b352837ae5cf0a"
|
||
vintage: "2026-07-01"
|
||
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
|
||
retrieved_at: "2026-07-06"
|
||
confidence: "reported"
|
||
tags: ["legislation", "bill", "us-co"]
|
||
---
|
||
|
||
# Colorado HB 20-1013 (2020A) — Specify Procedure Ratify Defective Corporate Actions
|
||
|
||
The act provides a statutory procedure for the ratification or validation of corporate actions that may not have been properly authorized and for shares that may not have been properly issued. The statutory ratification procedure supplements common-law ratification and is available only when the board of directors specifies the nature of the defective authorization. Prompt judicial review and validation of the ratification process is available when a listed person claims to be substantially and adversely affected by the ratification.
|
||
|
||
## Version chain
|
||
|
||
The bill's text revisions, in order — the diff chain from filing to enrollment.
|
||
|
||
1. **Committee Amendment** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/2020a_hb1013_s_blt_001.pdf)
|
||
2. **Engrossed (02/10/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1013_eng.pdf)
|
||
3. **Final Act (03/14/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1013_enr.pdf)
|
||
4. **Introduced (01/08/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1013_01.pdf)
|
||
5. **Reengrossed (02/12/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1013_ren.pdf)
|
||
6. **Rerevised (03/03/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1013_rer.pdf)
|
||
7. **Revised (03/02/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1013_rev.pdf)
|
||
8. **Signed Act (03/20/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/2020a_1013_signed.pdf)
|
||
|
||
## Votes
|
||
|
||
- BILL — **33–0** (pass) · upper
|
||
- BILL — **63–0** (pass) · lower
|
||
|
||
## Sponsors
|
||
|
||
- Marc Snyder — primary (person)
|
||
- Pete Lee — primary (person)
|
||
|
||
## Timeline
|
||
|
||
The legislative action history — every referral, reading, and vote.
|
||
|
||
- **2020-03-20T06:00:00+00:00** Governor Signed `executive-signature`
|
||
- **2020-03-16T06:00:00+00:00** Sent to the Governor `executive-receipt`
|
||
- **2020-03-14T06:00:00+00:00** Signed by the Speaker of the House
|
||
- **2020-03-14T06:00:00+00:00** Signed by the President of the Senate
|
||
- **2020-03-03T07:00:00+00:00** Senate Third Reading Passed - No Amendments `reading-3, passage`
|
||
- **2020-03-02T07:00:00+00:00** Senate Second Reading Passed - No Amendments `reading-2`
|
||
- **2020-02-26T07:00:00+00:00** Senate Committee on Business, Labor, & Technology Refer Unamended - Consent Calendar to Senate Committee of the Whole `committee-passage`
|
||
- **2020-02-13T07:00:00+00:00** Introduced In Senate - Assigned to Business, Labor, & Technology `introduction`
|
||
- **2020-02-12T07:00:00+00:00** House Third Reading Passed - No Amendments `reading-3, passage`
|
||
- **2020-02-11T07:00:00+00:00** House Third Reading Laid Over Daily - No Amendments
|
||
- **2020-02-10T07:00:00+00:00** House Second Reading Passed - No Amendments `reading-2`
|
||
- **2020-02-04T07:00:00+00:00** House Committee on Business Affairs & Labor Refer Unamended to House Committee of the Whole `committee-passage, referral-committee`
|
||
- **2020-01-08T07:00:00+00:00** Introduced In House - Assigned to Business Affairs & Labor `introduction`
|
||
|
||
## Source
|
||
|
||
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6ad6fb5e-374f-4b20-b88f-2472aefee849`. Confidence: reported (aggregated from official Colorado legislature records).
|
||
|