Bill
Number: H.B. 2591
Farnsworth
D Floor Amendment
Reference
to: House engrossed bill
Amendment
drafted by: Legislative Council
FLOOR
AMENDMENT EXPLANATION
The Farnsworth floor amendment does the following:
- Makes technical
changes dealing with the percentage of the target amount that must be
raised by the offering deadline.
- Makes technical
changes with regard to the responsibilities of the issuer in the event
that an offering is closed before the offering deadline.
Fifty-second Legislature Farnsworth
D
First Regular Session H.B.
2591
FARNSWORTH D FLOOR
AMENDMENT
SENATE AMENDMENTS TO
H.B. 2591
(Reference to House
engrossed bill)
Page 6, line 19, after the second comma strike remainder of line
Line 20, strike "exceed"
insert "may not be less than"
Line 22, after the first "and" insert "if this requirement is not met"
Line 31, after "11."
insert "If";
strike "after"
insert ", the issuer
delivers"
Line 32, strike "is
delivered"
Line 34, strike "it"
insert "the notice"
Amend title to conform