Representative Snyder introduced House Bill 20-1013. The bill creates a statutory procedure for the ratification or validation of corporate actions that may not have been properly authorized and for shares that may not have been properly issued.

Representative Snyder responded to questions from the committee.

Herrick Lidstone, Colorado Bar Association, testified in support of the bill.

Representative Snyder made closing remarks on the bill.

Committee members made closing remarks on the bill.