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Legislation watch
2013 House Bill 1148: Addressing dissenters' rights under the Washington business corporation act
Introduced by Sen. Jamie Pedersen (Seattle) (D) on January 17, 2013
Modifies current law regarding parent and subsidiary companies involved in a single merger by requiring delivery to all shareholders of the subsidiary, who are not also shareholders of the parent, notice of dissenters’ rights within 10 days of initiating the merger process. Official Text and Analysis.
Referred to the House Judiciary Committee on January 17, 2013
Referred to the House Rules Committee on February 7, 2013
Amends language in the Washington Business Corporation Act (WBCA)
regarding circumstances that give rise to dissenters' rights and notices
required when such rights are triggered.
Received in the Senate on February 28, 2013
Referred to the Senate Law & Justice Committee on February 28, 2013
Referred to the Senate Rules Committee on March 28, 2013
Amends language in the Washington Business Corporation Act (WBCA) regarding circumstances that give rise to dissenters' rights and notices required when such rights are triggered.
Signed by Gov. Jay Inslee on May 1, 2013