CURRENT BILL STATUS MEASURE : A.B. No. 434 AUTHOR(S) : Hagman. TOPIC : Preferred shares: rights and preferences distributions. TYPE OF BILL : Inactive Non-Urgency Non-Appropriations Majority Vote Required Non-State-Mandated Local Program Non-Fiscal Non-Tax Levy LAST HIST. ACT. DATE: 06/28/2013 LAST HIST. ACTION : Chaptered by Secretary of State - Chapter 38, Statutes of 2013. COMM. LOCATION : SEN BANKING AND FINANCIAL INSTITUTIONS COMM. ACTION DATE : 06/05/2013 COMM. ACTION : Do pass and be placed on the Consent Calendar. COMM. VOTE SUMMARY : Ayes: 08 Noes: 00 PASS TITLE : An act to amend Section 402.5 of the Corporations Code, relating to corporations.