CHICAGO, Oct. 16, 2020 — The ABA Business Law Section has published the fifth edition of The Model Business Corporation Act Annotated (MBCAA), 70 years after the initial drafting of the Model Act. The Model Business Corporation Act is the general corporation statute adopted by 36 states and partially adopted by more.
The MBCAA, Fifth Edition, is based on the 1984 Model Act with significant amendments published in supplements, thereafter, including those amendments made in 2016. Substantive changes since 1984 are described in the introduction and in the historical background sections of the annotation following each statutory section.
Each section is followed by an Official Comment, prepared by the ABA Business Law Section’s Corporate Laws Committee, which amplifies and explains its purpose and operation. Some states that have adopted the Model Act have also adopted the Official Comment, sometimes with state-specific changes. Lists of cross references to other relevant provisions of the Model Act are also included.
In addition, the Annotation that follows each section provides the historical background, a summary comparison of it to enacted versions, caselaw developments and citations to scholarly treatments. Recent amendments to state corporation statutes and judicial decisions are also included.
To learn more about the MBCAA, Fifth Edition, a podcast featuring the reporter and committee members is available here.
The MBCAA, Fifth Edition, is drafted by the ABA Corporate Laws Committee. Lawrence A. Hamermesh, executive director of the Institute for Law & Economics at the University of Pennsylvania Carey Law School, is the lead reporter. Jonathan Lipson, the Harold E. Kohn Chair and professor at Temple University Beasley School of Law, is a co-editor of the MBCAA, Fifth Edition.
Publisher: ABA Business Law Section
Pages: 3,632 pages
Product Code: 5070785
Binding: 3-ring binders, 4 volumes
Orders: 800-285-2221 or ShopABA.org
Editor’s note: Author interviews and review copies of this book are available by emailing Katrina Krause at Katrina.Krause@americanbar.org. If you publish a review of this book, please send tear sheets or a copy for our files to Katrina Krause, ABA Business Law Section, 321 N. Clark St., Chicago, IL 60654
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