HOUSE BILL 1504

File Code: Corporations and Associations

Sponsored By:

Delegate Taylor

Entitled:

Corporations - Limited Liability Companies - Entity Conversion

Synopsis:

Authorizing a corporation to become a limited liability company in accordance with a plan of entity conversion adopted and approved in accordance with the Act; requiring a plan of entity conversion of a converting corporation to include specified terms and conditions and a specified attachment; authorizing a plan of entity conversion to include a specified provision; prohibiting a specified change to the terms and conditions of a plan of entity conversion; etc.

History by Legislative Date

House Action

3/4

First Reading House Rules and Executive Nominations

3/15

Re-referred Economic Matters

3/17

Hearing 3/23 at 1:00 p.m.

4/5

Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

ASSESSMENTS AND TAXATION, DEPARTMENT OF

CORPORATIONS -see also- MUNICIPAL CORPORATIONS

LIMITED LIABILITY COMPANIES

NOTICES

Bill affects the following Statutes:

Corporations and Associations

( 3-901 , 3-902 , 3-903 , 3-904 , 3-905 , 3-906 , 3-907 , 4A-1201 , 4A-1202 , 4A-1203 , 4A-1204 , 4A-1205 , 4A-1206 , 4A-1207 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered