Corporations: electronic transmissions: bylaws: emergency powers.
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AB 663 — Corporations: electronic transmissions: bylaws: emergency powers.
Last action — Chaptered by Secretary of State - Chapter 523, Statutes of 2021.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Assembly
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 12, 2021. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 R).
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Cleared a recorded vote
Passed 8 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
Existing law authorizes and regulates the formation and operation of a corporation, nonprofit public benefit corporation, nonprofit mutual benefit corporation, nonprofit religious corporation, or cooperative corporation. Existing law authorizes these types of corporations, in anticipation of or during an emergency, to take specified actions necessary to conduct the corporation's ordinary business operations and affairs, unless emergency bylaws provide otherwise. Existing law, however, prohibits the boards of these corporations, in anticipation of or during an emergency, from taking any action that requires the vote of the shareholders or members or that is not in the corporation's ordinary course of business. This bill would recast those provisions to authorize the board, in anticipation of or during an emergency, to take any action that it determines to be necessary or appropriate to respond to the emergency, mitigate the effects of the emergency, or comply with lawful federal and state government orders, but would prohibit action that requires the vote of the shareholders or members, unless the required shareholder or member approval was obtained prior to the emergency, and would make conforming changes regarding corporate bylaws. Existing law defines "emergency," for these purposes, to mean any of specified events or circumstances, as a result of which, and only so long as, a quorum of the corporation's board of directors cannot be readily convened for action. Under existing law, "emergency" includes an attack on this state or nation by an enemy of the United States of America, as specified. Existing law also defines "emergency" to include a natural catastrophe, including, among others, a drought, fire, or explosion. This bill would revise the above provision to specifically refer to an attack on or within this state or on the public security of its residents by an enemy of this state or on the nation by an enemy of the United States. The bill would specify that "emergency" includes an epidemic, pandemic, or disease outbreak. The bill would remove references to the corporation's "ordinary" business operations and affairs to instead refer to the corporation's business operations and affairs. Existing law, with respect to the above-described corporations, authorizes meetings of shareholders or members to be held at any place as stated or fixed in the bylaws, as specified. Existing law provides that unless prohibited by the bylaws of the corporation, if authorized by the board of directors, and subject to certain consent requirements and procedures, shareholders or members not physically present may, by electronic transmission or electronic video screen communication, participate in a meeting of the shareholders or members, be deemed present, and vote, as specified. This bill would authorize shareholders or members, if specified conditions are met, to also participate, be deemed present, and vote in shareholder or member meetings by conference telephone or other remote communications, in accordance with certain procedures. Existing law generally requires notice of a shareholders' or members' meeting or any report, with respect to the above-described corporations, to be given personally, by electronic transmission by the corporation, by mail, or, in various other circumstances, by other specified means. Existing law authorizes certain corporations to provide for delegates in its bylaws and requires those bylaws to set forth information relating to delegates if delegates are provided for. Under existing law, delegates may only act personally at a meeting or by written ballot. This bill would remove the provision specifying that delegates may only act personally at a meeting or by written ballot and instead authorizes the bylaws to set forth the manner in which delegates may participate in meetings of delegates, as provided. The bill would also state that each delegate has one vote on each matter presented for action. This bill, notwithstanding the foregoing provision, would authorize notice of a shareholders' or members' meeting or any report to be sent by electronic communication or other means of remote communication if the board determines it is necessary or appropriate because of an emergency, as defined. The bill would make related, conforming changes to these provisions. This bill would incorporate additional changes to Section 7511 of the Corporations Code proposed by SB 432 to be operative only if this bill and SB 432 are enacted and this bill is enacted last.
Bill Text
- Chaptered 10/05/21 - Chaptered Current pdf October 05, 2021
- Enrolled 09/13/21 - Enrolled pdf September 13, 2021
- Amended 09/03/21 - Amended Senate pdf September 03, 2021
- Amended 07/01/21 - Amended Senate pdf July 01, 2021
- Amended 06/10/21 - Amended Senate pdf June 10, 2021
- Amended 04/07/21 - Amended Assembly pdf April 07, 2021
- Introduced 02/12/21 - Introduced pdf February 12, 2021
- AB663 View text html
Action History
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Chaptered by Secretary of State - Chapter 523, Statutes of 2021.
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Approved by the Governor.
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Enrolled and presented to the Governor at 3 p.m.
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Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0. Page 3067.).
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Assembly Rule 63 suspended. (Page 3063.)
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In Assembly. Concurrence in Senate amendments pending.
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Read third time. Passed. Ordered to the Assembly. (Ayes 35. Noes 2. Page 2569.).
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Read second time. Ordered to third reading.
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Read third time and amended. Ordered to second reading.
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Ordered to third reading.
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Action rescinded whereby the bill was read third time, passed, and to Assembly.
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In Senate. Held at Desk.
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Ordered to the Senate.
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In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 2 pursuant to Assembly Rule 77.
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Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 2237.).
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Read second time. Ordered to Consent Calendar.
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From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar.
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Read second time and amended. Re-referred to Com. on APPR.
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From committee: Amend, and do pass as amended and re-refer to Com. on APPR with recommendation: To Consent Calendar. (Ayes 11. Noes 0. Page 1716.) (June 29).
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In committee: Set, first hearing. Hearing canceled at the request of author.
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Read second time and amended. Re-referred to Com. on JUD.
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From committee: Amend, and do pass as amended and re-refer to Com. on JUD. with recommendation: To Consent Calendar. (Ayes 9. Noes 0.) (June 9).
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Referred to Coms. on B. & F.I. and JUD.
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In Senate. Read first time. To Com. on RLS. for assignment.
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Read third time. Passed. Ordered to the Senate. (Ayes 77. Noes 0. Page 1336.)
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Read second time. Ordered to Consent Calendar.
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From committee: Do pass. To Consent Calendar. (Ayes 16. Noes 0.) (April 28).
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From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 12. Noes 0.) (April 15). Re-referred to Com. on APPR.
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Re-referred to Com. on B. & F.
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From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.
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Introduced measure version corrected.
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Referred to Com. on B. & F.
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From printer. May be heard in committee March 15.
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Read first time. To print.
Sponsors
- Phillip Chen · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on
Sponsors (1)
- Chen, Phillip Republican
Co-sponsors (0)
None.
Not signed on (121)
121 members have not signed on to this bill.
Show all 121 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 43 | 0 | 0 | 1 |
| Democratic | 27 | 0 | 0 | 0 |
| Republican | 9 | 0 | 0 | 0 |
| Total | 79 | 0 | 0 | 1 |
| % of votes cast | 99% | 0% | 0% | 1% |
How each member voted (80)
| Member | Party | Vote |
|---|---|---|
| Bigelow | — | Yea |
| Chiu | — | Yea |
| Rendon | — | Yea |
| Villapudua | — | Yea |
| Salas | — | Yea |
| Quirk | — | Yea |
| Low | — | Yea |
| Bloom | — | Yea |
| Mullin | — | Yea |
| Holden | — | Yea |
| Jones-Sawyer | — | Yea |
| Wood | — | Yea |
| Smith | — | Yea |
| Cunningham | — | Yea |
| Cooper | — | Yea |
| Voepel | — | Yea |
| Maienschein | — | Yea |
| Rodriguez | — | Yea |
| Kiley | — | Yea |
| Nazarian | — | Yea |
| Ting | — | Yea |
| O'Donnell | — | Yea |
| Waldron | — | Yea |
| Medina | — | Yea |
| McCarty | — | Yea |
| Friedman | — | Yea |
| Levine | — | Yea |
| Daly | — | Yea |
| Gray | — | Yea |
| Burke | — | Yea |
| Mathis | — | Yea |
| Santiago | — | Yea |
| Mayes | — | Yea |
| Frazier | — | Yea |
| Chau | — | Yea |
| Cooley | — | Not Voting |
| Cristina Garcia | — | Yea |
| Eduardo Garcia | — | Yea |
| Jim Patterson | — | Yea |
| Lorena Gonzalez | — | Yea |
| Luz Rivas | — | Yea |
| Mark Stone | — | Yea |
| Vince Fong | — | Yea |
| Wendy Carrillo | — | Yea |
| Aguiar-Curry, Cecilia M. | Democratic | Yea |
| Arambula, Joaquin | Democratic | Yea |
| Bauer-Kahan, Rebecca | Democratic | Yea |
| Bennett, Steve | Democratic | Yea |
| Berman, Marc | Democratic | Yea |
| Boerner, Tasha | Democratic | Yea |
| Bonta, Mia | Democratic | Yea |
| Bryan, Isaac G. | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Cervantes, Sabrina | Democratic | Yea |
| Gabriel, Jesse | Democratic | Yea |
| Gipson, Mike A. | Democratic | Yea |
| Grayson, Timothy S. | Democratic | Yea |
| Irwin, Jacqui | Democratic | Yea |
| Kalra, Ash | Democratic | Yea |
| Lee, Alex | Democratic | Yea |
| Muratsuchi, Al | Democratic | Yea |
| Nguyen, Stephanie | Democratic | Yea |
| Petrie-Norris, Cottie | Democratic | Yea |
| Quirk-Silva, Sharon | Democratic | Yea |
| Ramos, James C. | Democratic | Yea |
| Reyes, Eloise Gómez | Democratic | Yea |
| Rivas, Robert | Democratic | Yea |
| Rubio, Blanca E. | Democratic | Yea |
| Ward, Christopher M. | Democratic | Yea |
| Weber Pierson, M.D., Akilah | Democratic | Yea |
| Wicks, Buffy | Democratic | Yea |
| Chen, Phillip | Republican | Yea |
| Choi, Steven S. | Republican | Yea |
| Dahle, Megan | Republican | Yea |
| Davies, Laurie | Republican | Yea |
| Flora, Heath | Republican | Yea |
| Gallagher, James | Republican | Yea |
| Lackey, Tom | Republican | Yea |
| Seyarto, Kelly | Republican | Yea |
| Valladares, Suzette Martinez | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 12 | 0 | 0 | 1 |
| Unaffiliated | 20 | 2 | 0 | 1 |
| Republican | 3 | 0 | 0 | 1 |
| Total | 35 | 2 | 0 | 3 |
| % of votes cast | 88% | 5% | 0% | 8% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Borgeas | — | Yea |
| Bradford | — | Yea |
| Portantino | — | Yea |
| Newman | — | Yea |
| Dodd | — | Yea |
| Kamlager | — | Yea |
| Min | — | Yea |
| Hueso | — | Yea |
| Roth | — | Yea |
| Bates | — | Yea |
| Rubio | — | Yea |
| Skinner | — | Yea |
| Hertzberg | — | Yea |
| Nielsen | — | Yea |
| Wieckowski | — | Yea |
| Gonzalez | — | Yea |
| Pan | — | Yea |
| Leyva | — | Yea |
| Atkins | — | Yea |
| Glazer | — | Yea |
| Melendez | — | Nay |
| Wilk | — | Nay |
| Eggman | — | Not Voting |
| Allen, Benjamin | Democratic | Yea |
| Archuleta, Bob | Democratic | Yea |
| Becker, Josh | Democratic | Yea |
| Caballero, Anna M. | Democratic | Yea |
| Cortese, Dave | Democratic | Yea |
| Durazo, Maria Elena | Democratic | Yea |
| Hurtado, Melissa | Democratic | Yea |
| Laird, John | Democratic | Yea |
| Limón, Monique | Democratic | Yea |
| McGuire, Mike | Democratic | Yea |
| Stern, Henry I. | Democratic | Not Voting |
| Umberg, Thomas J. | Democratic | Yea |
| Wiener, Scott D. | Democratic | Yea |
| Dahle, Megan | Republican | Not Voting |
| Grove, Shannon | Republican | Yea |
| Jones, Brian W. | Republican | Yea |
| Ochoa Bogh, Rosilicie | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 23 | 0 | 0 | 0 |
| Democratic | 12 | 0 | 0 | 1 |
| Republican | 4 | 0 | 0 | 0 |
| Total | 39 | 0 | 0 | 1 |
| % of votes cast | 98% | 0% | 0% | 3% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Roth | — | Yea |
| Eggman | — | Yea |
| Wilk | — | Yea |
| Atkins | — | Yea |
| Kamlager | — | Yea |
| Nielsen | — | Yea |
| Portantino | — | Yea |
| Glazer | — | Yea |
| Borgeas | — | Yea |
| Dodd | — | Yea |
| Pan | — | Yea |
| Bradford | — | Yea |
| Leyva | — | Yea |
| Hertzberg | — | Yea |
| Hueso | — | Yea |
| Skinner | — | Yea |
| Melendez | — | Yea |
| Rubio | — | Yea |
| Newman | — | Yea |
| Bates | — | Yea |
| Gonzalez | — | Yea |
| Min | — | Yea |
| Wieckowski | — | Yea |
| Allen, Benjamin | Democratic | Yea |
| Archuleta, Bob | Democratic | Yea |
| Becker, Josh | Democratic | Yea |
| Caballero, Anna M. | Democratic | Yea |
| Cortese, Dave | Democratic | Yea |
| Durazo, Maria Elena | Democratic | Yea |
| Hurtado, Melissa | Democratic | Yea |
| Laird, John | Democratic | Yea |
| Limón, Monique | Democratic | Yea |
| McGuire, Mike | Democratic | Yea |
| Stern, Henry I. | Democratic | Not Voting |
| Umberg, Thomas J. | Democratic | Yea |
| Wiener, Scott D. | Democratic | Yea |
| Dahle, Megan | Republican | Yea |
| Grove, Shannon | Republican | Yea |
| Jones, Brian W. | Republican | Yea |
| Ochoa Bogh, Rosilicie | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 6 | 0 | 0 | 0 |
| Unaffiliated | 4 | 0 | 0 | 0 |
| Republican | 1 | 0 | 0 | 0 |
| Total | 11 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (11)
| Member | Party | Vote |
|---|---|---|
| Gonzalez | — | Yea |
| Hertzberg | — | Yea |
| Wieckowski | — | Yea |
| Borgeas | — | Yea |
| Caballero, Anna M. | Democratic | Yea |
| Durazo, Maria Elena | Democratic | Yea |
| Laird, John | Democratic | Yea |
| Stern, Henry I. | Democratic | Yea |
| Umberg, Thomas J. | Democratic | Yea |
| Wiener, Scott D. | Democratic | Yea |
| Jones, Brian W. | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 4 | 0 | 0 | 0 |
| Democratic | 3 | 0 | 0 | 0 |
| Republican | 2 | 0 | 0 | 0 |
| Total | 9 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Min | — | Yea |
| Bradford | — | Yea |
| Portantino | — | Yea |
| Hueso | — | Yea |
| Caballero, Anna M. | Democratic | Yea |
| Durazo, Maria Elena | Democratic | Yea |
| Limón, Monique | Democratic | Yea |
| Dahle, Megan | Republican | Yea |
| Ochoa Bogh, Rosilicie | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 27 | 0 | 0 | 0 |
| Unaffiliated | 40 | 0 | 0 | 1 |
| Republican | 10 | 0 | 0 | 0 |
| Total | 77 | 0 | 0 | 1 |
| % of votes cast | 99% | 0% | 0% | 1% |
How each member voted (78)
| Member | Party | Vote |
|---|---|---|
| Bloom | — | Yea |
| Holden | — | Yea |
| Jones-Sawyer | — | Yea |
| Wood | — | Yea |
| Smith | — | Yea |
| Cunningham | — | Yea |
| Cooper | — | Yea |
| Voepel | — | Yea |
| Cooley | — | Yea |
| Maienschein | — | Yea |
| Rodriguez | — | Yea |
| Kiley | — | Yea |
| Nazarian | — | Yea |
| Ting | — | Yea |
| O'Donnell | — | Yea |
| Waldron | — | Yea |
| Medina | — | Yea |
| McCarty | — | Yea |
| Friedman | — | Yea |
| Bigelow | — | Yea |
| Chiu | — | Yea |
| Rendon | — | Yea |
| Villapudua | — | Yea |
| Salas | — | Yea |
| Quirk | — | Yea |
| Low | — | Yea |
| Levine | — | Yea |
| Daly | — | Yea |
| Gray | — | Yea |
| Burke | — | Yea |
| Mathis | — | Yea |
| Santiago | — | Yea |
| Mayes | — | Yea |
| Frazier | — | Yea |
| Chau | — | Yea |
| Mullin | — | Not Voting |
| Cristina Garcia | — | Yea |
| Eduardo Garcia | — | Yea |
| Lorena Gonzalez | — | Yea |
| Luz Rivas | — | Yea |
| Mark Stone | — | Yea |
| Aguiar-Curry, Cecilia M. | Democratic | Yea |
| Arambula, Joaquin | Democratic | Yea |
| Bauer-Kahan, Rebecca | Democratic | Yea |
| Bennett, Steve | Democratic | Yea |
| Berman, Marc | Democratic | Yea |
| Boerner, Tasha | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Carrillo, Juan | Democratic | Yea |
| Cervantes, Sabrina | Democratic | Yea |
| Fong, Mike | Democratic | Yea |
| Gabriel, Jesse | Democratic | Yea |
| Gipson, Mike A. | Democratic | Yea |
| Grayson, Timothy S. | Democratic | Yea |
| Irwin, Jacqui | Democratic | Yea |
| Kalra, Ash | Democratic | Yea |
| Lee, Alex | Democratic | Yea |
| Muratsuchi, Al | Democratic | Yea |
| Nguyen, Stephanie | Democratic | Yea |
| Petrie-Norris, Cottie | Democratic | Yea |
| Quirk-Silva, Sharon | Democratic | Yea |
| Ramos, James C. | Democratic | Yea |
| Reyes, Eloise Gómez | Democratic | Yea |
| Rivas, Robert | Democratic | Yea |
| Rubio, Blanca E. | Democratic | Yea |
| Ward, Christopher M. | Democratic | Yea |
| Weber Pierson, M.D., Akilah | Democratic | Yea |
| Wicks, Buffy | Democratic | Yea |
| Chen, Phillip | Republican | Yea |
| Choi, Steven S. | Republican | Yea |
| Dahle, Megan | Republican | Yea |
| Davies, Laurie | Republican | Yea |
| Flora, Heath | Republican | Yea |
| Gallagher, James | Republican | Yea |
| Lackey, Tom | Republican | Yea |
| Patterson, Joe | Republican | Yea |
| Seyarto, Kelly | Republican | Yea |
| Valladares, Suzette Martinez | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 8 | 0 | 0 | 0 |
| Democratic | 6 | 0 | 0 | 0 |
| Republican | 2 | 0 | 0 | 0 |
| Total | 16 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (16)
| Member | Party | Vote |
|---|---|---|
| Levine | — | Yea |
| Bloom | — | Yea |
| Quirk | — | Yea |
| Nazarian | — | Yea |
| Bigelow | — | Yea |
| Chau | — | Yea |
| Eduardo Garcia | — | Yea |
| Lorena Gonzalez | — | Yea |
| Calderon, Lisa | Democratic | Yea |
| Carrillo, Juan | Democratic | Yea |
| Fong, Mike | Democratic | Yea |
| Gabriel, Jesse | Democratic | Yea |
| Kalra, Ash | Democratic | Yea |
| Rivas, Robert | Democratic | Yea |
| Dahle, Megan | Republican | Yea |
| Davies, Laurie | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 7 | 0 | 0 | 0 |
| Unaffiliated | 3 | 0 | 0 | 0 |
| Republican | 2 | 0 | 0 | 0 |
| Total | 12 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (12)
| Member | Party | Vote |
|---|---|---|
| Burke | — | Yea |
| Cristina Garcia | — | Yea |
| Mark Stone | — | Yea |
| Bauer-Kahan, Rebecca | Democratic | Yea |
| Cervantes, Sabrina | Democratic | Yea |
| Gabriel, Jesse | Democratic | Yea |
| Grayson, Timothy S. | Democratic | Yea |
| Nguyen, Stephanie | Democratic | Yea |
| Petrie-Norris, Cottie | Democratic | Yea |
| Wicks, Buffy | Democratic | Yea |
| Chen, Phillip | Republican | Yea |
| Choi, Steven S. | Republican | Yea |
Subjects
Frequently asked questions
- What does AB 663 do?
- Existing law authorizes and regulates the formation and operation of a corporation, nonprofit public benefit corporation, nonprofit mutual benefit corporation, nonprofit religious corporation, or cooperative corporation. Existing law authorizes these types of corporations, in anticipation of or during an emergency, to take specified actions necessary to conduct the corporation's ordinary business operations and affairs, unless emergency bylaws provide otherwise. Existing law, however, prohibits the boards of these corporations, in anticipation of or during an emergency, from taking any action that requires the vote of the shareholders or members or that is not in the corporation's ordinary course of business. This bill would recast those provisions to authorize the board, in anticipation of or during an emergency, to take any action that it determines to be necessary or appropriate to respond to the emergency, mitigate the effects of the emergency, or comply with lawful federal and state government orders, but would prohibit action that requires the vote of the shareholders or members, unless the required shareholder or member approval was obtained prior to the emergency, and would make conforming changes regarding corporate bylaws. Existing law defines "emergency," for these purposes, to mean any of specified events or circumstances, as a result of which, and only so long as, a quorum of the corporation's board of directors cannot be readily convened for action. Under existing law, "emergency" includes an attack on this state or nation by an enemy of the United States of America, as specified. Existing law also defines "emergency" to include a natural catastrophe, including, among others, a drought, fire, or explosion. This bill would revise the above provision to specifically refer to an attack on or within this state or on the public security of its residents by an enemy of this state or on the nation by an enemy of the United States. The bill would specify that "emergency" includes an epidemic, pandemic, or disease outbreak. The bill would remove references to the corporation's "ordinary" business operations and affairs to instead refer to the corporation's business operations and affairs. Existing law, with respect to the above-described corporations, authorizes meetings of shareholders or members to be held at any place as stated or fixed in the bylaws, as specified. Existing law provides that unless prohibited by the bylaws of the corporation, if authorized by the board of directors, and subject to certain consent requirements and procedures, shareholders or members not physically present may, by electronic transmission or electronic video screen communication, participate in a meeting of the shareholders or members, be deemed present, and vote, as specified. This bill would authorize shareholders or members, if specified conditions are met, to also participate, be deemed present, and vote in shareholder or member meetings by conference telephone or other remote communications, in accordance with certain procedures. Existing law generally requires notice of a shareholders' or members' meeting or any report, with respect to the above-described corporations, to be given personally, by electronic transmission by the corporation, by mail, or, in various other circumstances, by other specified means. Existing law authorizes certain corporations to provide for delegates in its bylaws and requires those bylaws to set forth information relating to delegates if delegates are provided for. Under existing law, delegates may only act personally at a meeting or by written ballot. This bill would remove the provision specifying that delegates may only act personally at a meeting or by written ballot and instead authorizes the bylaws to set forth the manner in which delegates may participate in meetings of delegates, as provided. The bill would also state that each delegate has one vote on each matter presented for action. This bill, notwithstanding the foregoing provision, would authorize notice of a shareholders' or members' meeting or any report to be sent by electronic communication or other means of remote communication if the board determines it is necessary or appropriate because of an emergency, as defined. The bill would make related, conforming changes to these provisions. This bill would incorporate additional changes to Section 7511 of the Corporations Code proposed by SB 432 to be operative only if this bill and SB 432 are enacted and this bill is enacted last.
- Who sponsors AB 663?
- AB 663 is sponsored by Chen, Phillip (Republican).
- What is the current status of AB 663?
- This bill has been enacted into law. Introduced February 12, 2021. Enacted.
- Where can I track AB 663?
- Track AB 663 free on One Click Politics — get push/email alerts when it moves.
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