2021-02-26                     Senate Journal                      Page 0330
SB 24                                                                                                                         
SENATE BILL NO. 24 "An Act authorizing virtual meetings of                                                                      
shareholders of a corporation; and authorizing virtual meetings of                                                              
members of a nonprofit corporation" was read the second time.                                                                   
                                                                                                                                
Senator Holland, Vice Chair, moved and asked unanimous consent for                                                              
the adoption of the Labor and Commerce Committee Substitute                                                                     
offered on page 289. Without objection, CS FOR SENATE BILL                                                                      
NO. 24(L&C) "An Act relating to holding corporate meetings by                                                                   
remote communication; allowing voting by remote communication at                                                                
corporate meetings; making shareholder lists available electronically;                                                          

2021-02-26                     Senate Journal                      Page 0331
relating to for-profit and nonprofit corporations; relating to business                                                         
and industrial development corporations; relating to Native                                                                     
corporations; relating to the Alaska Banking Code; and providing for                                                            
an effective date" was adopted.                                                                                                 
                                                                                                                                
President Micciche stated CS FOR SENATE BILL NO. 24(L&C) will                                                                   
advance to third reading on the March 1 calendar.