Date: 01/20/2015

Final
BILL SUMMARY for HB15-1071

HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR

Votes: View--> Action Taken:
Refer House Bill 15-1071 to the Committee of the WPASS


11:49 AM -- HB 15-1071

The committee took a recess

11:50 AM

Representative Keyser, bill sponsor, introduced House Bill 15-1071. The bill clarifies that an attorney-client privilege is among the privileges that vest as a matter of law in the surviving entity and are thereafter the privilege of the surviving entity in a merger agreement. This bill specifies that in a merger agreement, "privileges" does include attorney-client privilege.

Representative Keyser responded to questions from committee members regarding the protection of privileged information as desired by an entity in a merger.

11:56 AM

Representative Keyser offered closing remarks on the bill.
BILL:HB15-1071
TIME: 11:57:56 AM
MOVED:Szabo
MOTION:Refer House Bill 15-1071 to the Committee of the Whole. The motion passed on a vote of 13-0.
SECONDED:Nordberg
VOTE
Arndt
Yes
Garnett
Yes
Navarro
Yes
Nordberg
Yes
Pabon
Yes
Rosenthal
Yes
Roupe
Yes
Szabo
Yes
Tate
Yes
Thurlow
Yes
Winter
Yes
Kraft-Tharp
Yes
Williams
Yes
Final YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

11:58 AM

The committee adjourned.