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SF 1529 Senate Long Description

Relating to business corporations; imposing liability on corporations+ and boards of directors for certain damages to the public interest +relating to the environment, human rights violations, public health or safety, the +welfare of communities of operation or the dignity of employees, authorizing +certain legal actions; providing for corporate and director liability exemptions +under certain conditions; providing for the calculation of the amount of +damages recoverable; entitling directors held liable to contributions from +certain other directors; imposing a statute of limitations and joint and +several liability on controlling persons; authorizing certain actions by the +attorney general in district court; prescribing criminal penalties for +director violations and providing for the award of attorney fees to prevailing+ parties under certain conditions (mk)