H.R.4487 - End the Hijacking of Shareholder Funds Act

To require the approval of a majority of a public company's shareholders for any expenditure by that company to influence public opinion on matters not related to the company's products or services. view all titles (2)

All Bill Titles

  • Official: To require the approval of a majority of a public company's shareholders for any expenditure by that company to influence public opinion on matters not related to the company's products or services. as introduced.
  • Short: End the Hijacking of Shareholder Funds Act as introduced.

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Bill's Views

  • Today: 2
  • Past Seven Days: 15
  • All-Time: 1,277
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
01/20/10
 
 
 
 
 
 
 

Official Summary

1/21/2010--Introduced.End the Hijacking of Shareholder Funds Act - Deems expenditure to influence public opinion by the officers and directors of a public company on matters not related to company products or services to be a breach of fiduciary duty if such expenditure has not been approv

Official Summary

1/21/2010--Introduced.End the Hijacking of Shareholder Funds Act - Deems expenditure to influence public opinion by the officers and directors of a public company on matters not related to company products or services to be a breach of fiduciary duty if such expenditure has not been approved by a prior majority shareholder vote. Subjects such officers and directors to joint and several liability to any shareholder or class of shareholders for the amount of such an expenditure.

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Recent News Coverage

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01/23/10
"SAVE OUR DEMOCRACY" GAINS MOMENTUM

6) End the Hijacking of Shareholder Funds Act (HR 4487): This bill requires the approval of a majority of a public company's shareholders for any ...

Source: BigNews.biz (press release)
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Recent Blog Coverage

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12/09/10
Two Concepts of Freedom of Speech

(2010); End the Hijacking of Shareholder Funds Act, HR 4487, 111th Cong. (2010). n4. Professor Lawrence Lessig, for example, has advocated the adoption of a constitutional amendment that would provide: “nothing in this Constitution ...

Source: ilaw.im
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10/29/10
George Soros British Monarchy Operative & Piece Of Shit Alan ...

The End the Hijacking of Shareholder Funds Act (H.R. 4487): This bill requires the approval of a majority of a public company's shareholders for any expenditure by that company to influence public opinion on matters not related to the ...

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10/04/10
Congressman Grayson (D) on Massive Foreclosure Fraud at MERS and ...

H.R.4487 : End the Hijacking of Shareholder Funds Act H.R.4511 : Pick Your Poison Act of 2010 H.R.5353 : War is Making You Poor Act and my favorite, the 11th Commandment: H.R.6000 : Thou Shalt Not Kill Thy Customers Act ...

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