AN ACT CONCERNING BUSINESS DECISIONS MADE BY STOCK CORPORATIONS.


General Assembly		*Proposed Bill No. 6148*
*January Session, 2005*		LCO No. 1532

Referred to Committee on Judiciary
Introduced by:
REP. ZALASKI, 81^st Dist. REP. O'BRIEN, 24^th Dist.

AN ACT CONCERNING BUSINESS DECISIONS MADE BY STOCK CORPORATIONS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That chapter 601 of the general statutes be amended to provide that domestic corporations with capital stock consider the interests of shareholders, their employees and their community when making substantial business decisions.

Statement of Purpose:

To require that stock corporations consider the interests of their shareholders, their employees and the community when making substantial business decisions.