In North Carolina, Lieut. Gov. Robert B. Jordan 3d is leading an effort to pass additional anti-takeover legislation.
And several have enacted broad anti-takeover legislation to protect local companies.
Investors often shun the stocks of companies protected by anti-takeover legislation since they offer little possibilty for quick gain if a company changes hands.
The S.E.C. opposes broad anti-takeover legislation, according to the agency's acting chairman, Charles C. Cox.
By a vote of 23 to 5, the House Public Works and Transportation Committee approved anti-takeover legislation drafted by a subcommittee earlier this week.
Except for Du Pont and Hercules, you don't have local industry that is likely to push for anti-takeover legislation.
"Most of our transactions are negotiated, so we tend not to be as concerned with what some states may or may not do in terms of anti-takeover legislation."
That bill would insure that the states have the right to pass strict anti-takeover legislation.
Mr. Proxmire, an opponent of the S.E.C. voting-rights proposal and a sponsor of anti-takeover legislation, says the matter should be left to the states.
It also gives cover to state legislatures to serve their own interests -at the expense of the rest of the nation - by passing anti-takeover legislation.
