2004 Regular Session

SENATE BILL 603

CHAPTER NUMBER: 292 File Code: Commercial Law - Generally Crossfiled with: HOUSE BILL 703
Sponsored By:
Senators Garagiola, Forehand, Frosh, Jacobs, and Mooney
Entitled:
Commercial Law - Hotels and Retirement Communities - Operating Agreements

Synopsis:

Providing that if a conflict exists between the express terms and conditions of an operating agreement and the terms and conditions implied by the law governing the relationship between a principal and agent, the express terms and conditions of the operating agreement shall govern; authorizing a court to order a specified remedy notwithstanding the existence of an agency relationship between the parties to an operating agreement; etc.

History by Legislative Date

Senate Action
2/6
First Reading Judicial Proceedings
2/11
Hearing 2/17 at 1:00 p.m.
3/1
Favorable Report by Judicial Proceedings
3/2
Favorable Report Adopted
Second Reading Passed
3/3
Third Reading Passed (44-1)
4/5
Returned Passed
5/11
Signed by the Governor Chapter 292
House Action
3/4
First Reading Economic Matters
3/17
Hearing 3/24 at 1:00 p.m.
4/5
Favorable Report by Economic Matters
4/2
Favorable Report Adopted
Second Reading Passed
4/3
Third Reading Passed (140-0)
Sponsored by:
Senator Rob Garagiola, District 15
Senator Jennie M. Forehand, District 17
Senator Brian E. Frosh, District 16
Senator Nancy Jacobs, District 34
Senator Alexander X. Mooney, District 3
Bill indexed under the following Subjects:
ASSISTED LIVING -see also- GROUP HOMES
CONTINUING CARE -see also- LONG TERM CARE; NURSING HOMES
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
COURTS -see also- CIRCUIT; APPEALS; DISTRICT; ORPHANS'; etc.
ELDERLY PERSONS
HOTELS AND MOTELS
HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
Bill affects the following Statutes:
Commercial Law
( 23-101 , 23-102 , 23-103 , 23-104 , 23-105 , 23-106 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
Senate
March 3, 2004: Third Reading Passed (44-1)
House
April 3, 2004: Third Reading Passed (140-0)