2011 Regular Session

SENATE BILL 790

File Code: Corporations and Associations Crossfiled with: HOUSE BILL 637
Sponsored By:
Senator Raskin
Entitled:
Limited Liability Company Act

Synopsis:

Establishing the policy of specified provisions of law relating to limited liability companies; providing that a specified provision of law that may be changed by an operating agreement also may be changed by the terms of articles of organization; establishing that specified rights and conditions with regard to a limited liability company will be enforceable to the extent provided for in the operating agreement; authorizing an operating agreement to alter specified duties and liabilities; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
2/4
First Reading Judicial Proceedings
2/9
Hearing 3/9 at 1:00 p.m.
4/9

Favorable with Amendments Report by Judicial Proceedings
4/6
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/7
Third Reading Passed (43-0)
House Action
4/8
First Reading House Rules and Executive Nominations

Bill indexed under the following Subjects:

Attachments and Garnishments
Contracts -see also- Land Installment Contracts; Procurement
Courts -see also- Circuit; Appeals; District; Orphans'; etc.
Foreclosure
Liability -see also- Good Samaritan
Liens -see also- Mechanics' Liens
Limited Liability Companies

Bill affects the following Statutes:

Corporations and Associations
( 4A-101 , 4A-101 , 4A-102 , 4A-402 , 4A-404 , 4A-601 , 4A-603 , 4A-604 , 4A-607 , 4A-607 , 4A-902 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments:
Senate
Number: 668077/01     Offered on: April 11, 2011   at: 11:39 a.m.     Status: Adopted
Committee Votes :
Senate
Judicial Proceedings
Roll Call Vote (Legislative date is shown):
Senate
April 7, 2011: Third Reading Passed (43-0)