Changes in the Model Business Corporation Act—Proposed Amendments to Sections 6.04 and 6.25 Relating to Bearer Shares and Scrip
By the Corporate Laws Committee, ABA Business Law Section (Chair, Steven M. Haas)
The Corporate Laws Committee (the “Committee”) is proposing amendments to sections 6.04 and 6.25 of the Model Business Corporation Act (the “Model Act”) relating to bearer shares and scrip (the “Amendments”). The Committee would welcome any comments from interested persons. Comments should be addressed to Steven M. Haas, Chair, Corporate Laws Committee, Hunton Andrews Kurth LLP, 951 E. Byrd Street, Richmond, VA 23219, or sent to him by e-mail at [email protected]. Comments should be received by December 15, 2022, in order to be considered by the Committee before adoption of the Amendments on third reading.