Text: H01112                            Text: H01114
Text: H01100 - H01199                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index



House Amendment 1113

Amendment Text

PAG LIN
  1  1    Amend House File 607 as follows:
  1  2    #1.  Page 10, line 5, by inserting after the word
  1  3 "company" the following:  "and foreign limited
  1  4 liability company".
  1  5    #2.  Page 11, line 1, by striking the figure
  1  6 "504A.1706" and inserting the following:  "504A.1705".
  1  7    #3.  Page 11, line 13, by striking the figure
  1  8 "504A.1706" and inserting the following:  "504A.1705".
  1  9    #4.  Page 11, line 20 by striking the figure
  1 10 "504A.1706" and inserting the following:  "504A.1705".
  1 11    #5.  Page 17, by inserting after line 4, the
  1 12 following:
  1 13    "   .  A provision eliminating or limiting the
  1 14 liability of a director to the corporation or its
  1 15 members for money damages for any action taken, or any
  1 16 failure to take any action, as a director, except
  1 17 liability for any of the following:
  1 18    (1)  The amount of a financial benefit received by
  1 19 a director to which the director is not entitled.
  1 20    (2)  An intentional infliction of harm on the
  1 21 corporation or its members.
  1 22    (3)  A violation of section 504A.834.
  1 23    (4)  An intentional violation of criminal law.
  1 24    A provision set forth in the articles of
  1 25 incorporation pursuant to this paragraph shall not
  1 26 eliminate or limit the liability of a director for an
  1 27 act or omission that occurs prior to the date when the
  1 28 provision becomes effective."
  1 29    #6.  Page 29, line 4 by striking the word "members"
  1 30 and inserting the following:  "such a member".
  1 31    #7.  Page 61, line 1, by striking the word
  1 32 "therefore" and inserting the following:  "therefor".
  1 33    #8.  Page 76, line 34, by inserting after the word
  1 34 "or" the following:  "other".
  1 35    #9.  Page 77, line 1, by inserting after the word
  1 36 "action" the following:  "in the discharge of the
  1 37 person's duties".
  1 38    #10.  Page 77, line 3, by inserting after the word
  1 39 "is" the following:  "not".
  1 40    #11.  Page 84, line 33, by inserting after the word
  1 41 "class," the following:  "or the articles or bylaws
  1 42 provide otherwise,".
  1 43    #12.  By renumbering as necessary.  
  1 44 
  1 45 
  1 46                               
  1 47 MADDOX of Polk
  1 48 HF 607.501 80
  1 49 av/pj
     

Text: H01112                            Text: H01114
Text: H01100 - H01199                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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