2011 US Code
Title 15 - Commerce and Trade
Chapter 2B - SECURITIES EXCHANGES (§§ 78a - 78pp)
Section 78n-2 - Corporate governance
View Metadata| Publication Title | United States Code, 2006 Edition, Supplement 5, Title 15 - COMMERCE AND TRADE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 15 - COMMERCE AND TRADE CHAPTER 2B - SECURITIES EXCHANGES Sec. 78n-2 - Corporate governance |
| Contains | section 78n-2 |
| Date | 2011 |
| Laws in Effect as of Date | January 3, 2012 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | June 6, 1934, ch. 404, title I, §14B, as added Pub. L. 111-203, title IX, §972, July 21, 2010, 124 Stat. 1915. |
| Statutes at Large Reference | 124 Stat. 1915 |
| Public Law References | Public Law 111-203 |
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Not later than 180 days after July 21, 2010, the Commission shall issue rules that require an issuer to disclose in the annual proxy sent to investors the reasons why the issuer has chosen—
(1) the same person to serve as chairman of the board of directors and chief executive officer (or in equivalent positions); or
(2) different individuals to serve as chairman of the board of directors and chief executive officer (or in equivalent positions of the issuer).
(June 6, 1934, ch. 404, title I, §14B, as added Pub. L. 111–203, title IX, §972, July 21, 2010, 124 Stat. 1915.)
CodificationJuly 21, 2010, referred to in text, was in the original “the date of enactment of this subsection”, and was translated as meaning the date of enactment of Pub. L. 111–203, which enacted this section, to reflect the probable intent of Congress.
Effective DateSection effective 1 day after July 21, 2010, except as otherwise provided, see section 4 of Pub. L. 111–203, set out as a note under section 5301 of Title 12, Banks and Banking.
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