H.R.3291 - Mutual Holding Company Beneficial Owners' Protection Act of 2009

To protect the rights of public shareholders of mutual holding companies by promoting fair corporate governance procedures when considering management or employee stock benefit plans, and for other purposes. view all titles (2)

All Bill Titles

  • Short: Mutual Holding Company Beneficial Owners' Protection Act of 2009 as introduced.
  • Official: To protect the rights of public shareholders of mutual holding companies by promoting fair corporate governance procedures when considering management or employee stock benefit plans, and for other purposes. as introduced.

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Bill's Views

  • Today: 1
  • Past Seven Days: 3
  • All-Time: 804
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
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07/21/09
 
 
 
 
 
 
 

Official Summary

7/22/2009--Introduced.Mutual Holding Company Beneficial Owners' Protection Act of 2009 - Amends the Home Owners' Loan Act, the Federal Deposit Insurance Act, and the Bank Holding Company Act to prohibit any savings association, savings and loan holding company, insured depository

Official Summary

7/22/2009--Introduced.Mutual Holding Company Beneficial Owners' Protection Act of 2009 - Amends the Home Owners' Loan Act, the Federal Deposit Insurance Act, and the Bank Holding Company Act to prohibit any savings association, savings and loan holding company, insured depository institution, or bank holding company that is a subsidiary of a mutual holding company from establishing or implementing any plan (or plan amendment ) to award stock options or to provide stock or any stock interest as compensation or benefits to either management or employees, unless a majority of the total (non-mutual holding company) votes eligible to be cast for it approve. Declares void and unenforceable any provision of the charter or bylaws of such entities which has the effect of excluding or preventing such votes.

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Recent Blog Coverage

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10/09/10
Kirk feared attack from right - David Catanese - POLITICO.com

Then there is the H.R. 3291 Student Teacher Safety Act of 2007, this was sponsored by Rep. Mark Kirk, AFTER CHANGING ONE WORD in the bill! This bill concerns searching Students, and MANDATES that EVERY public school have a search policy ...

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09/15/10
H.R. 3291 [110th]: Student and Teacher Safety Act of 2007 ...

31 Jul 2007

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04/29/10
Mark Kirk Campaigns in Rockford

Then there is the H.R. 3291 Student Teacher Safety Act of 2007, this was sponsored by Rep. Mark Kirk, AFTER CHANGING ONE WORD in the bill! This bill concerns searching Students, and MANDATES that EVERY public school have a search policy ...

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