Connecticut legislation · 2026 General Assembly
Connecticut HB5431: AN ACT CONCERNING COOPERATIVE CORPORATIONS.
Status: Signed into law, May 26, 2026
What the bill says
An act concerning cooperative corporations. assembly convened.
From the enrolled text:
AN ACT CONCERNING COOPERATIVE CORPORATIONS. Assembly convened: Section 1. Section 33-183 of the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2026): Three or more persons of lawful age [and inhabitants of this state, may, by written articles of association, associate themselves together] may act as incorporators of a cooperative corporation by delivering a certificate of incorporation to the Secretary of the State for filing. A corporation may be formed under this chapter for the purposes of trade or for carrying on any lawful mercantile, mechanical, manufacturing or agricultural business. [within this state, and, when such articles of association have been executed and filed in the office of the Secretary of the State, the franchise tax provided by section 33-187 paid to, and such articles of association approved by, said secretary, such persons shall become a] The corporation [and] shall enjoy all the powers and privileges and be subject to all the duties, restrictions and liabilities of other corporations, except so far as such duties, restrictions and liabilities may be limited or enlarged by this chapter. Sec. 2. Section 33-184 of the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2026): Substitute House Bill No. 5431 The objects for which such [association] corporation is established, and …
Sponsors
- Nicholas Gauthier (D, 38) · primary sponsor
- Aundre Bumgardner (D, 41)
- Tom Delnicki (R, 14)
Latest actions
- : Signed by the Governor
- : Transmitted by Secretary of the State to Governor
- : Transmitted to the Secretary of State
- : Public Act 26-59
- : On Consent Calendar / In Concurrence
- : Senate Passed
- : Senate Calendar Number 491
- : Favorable Report, Tabled for the Calendar, Senate
- : Immediate Transmittal to the Senate
- : House Passed
Votes
- Senate Roll Call 330 (May 6, 2026): 36 yea, 0 nay, passed
- House Roll Call 138 (April 29, 2026): 150 yea, 0 nay, passed
- JUD Vote Tally Sheet (Joint Favorable) (March 23, 2026): 41 yea, 0 nay, passed
Subjects: Certificates and certification, Stocks, Cooperative associations, Corporations
Common questions
- What is HB5431?
- HB5431 is a bill in the Connecticut Legislature (2026 General Assembly): AN ACT CONCERNING COOPERATIVE CORPORATIONS.
- What does HB5431 do?
- In its own words: An act concerning cooperative corporations. assembly convened.
- What is the status of HB5431?
- Signed into law as of May 26, 2026. Latest action: Signed by the Governor (May 26, 2026).
- Who sponsored HB5431?
- Nicholas Gauthier (D, 38), with 2 co-sponsors.
- Where is the official record for HB5431?
- On the Connecticut Legislature website: https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05431&which_year=2026
Source: official Connecticut record. Tracked by Delilah, AI for legislation across all 50 states and Congress.