HR 4084
107th Congress
House
Finance and Financial Sector
Affiliated corporations
Commerce
Consultants
Contractors
Corporate collapse
Corporate finance
Corporate governance
Corporation directors
Executives
Fines (Penalties)
Labor and Employment
Law
Loans
Securities regulation
Stockholders
Subsidiary corporations
Corporate Asset Protection Act of 2002
Introduced: April 9, 2002
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 29, 2002
Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
Apr 9, 2002
Referred to the House Committee on Financial Services.
Apr 9, 2002
Introduced in House
Plain-English summary
Corporate Asset Protection Act of 2002 - Amends the Securities Exchange Act of 1934 to prohibit a reporting issuer (registrant on a national securities exchange) from offering or providing a loan to an insider unless: (1) the issuer is a financial institution; and (2) the terms are not substantially more advantageous than those offered to non-insiders. Prescribes civil penalties for violation of such prohibition.
What's happening now
Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
Committees of jurisdiction
2