Legislation

Title: Corporations and Associations - Limited Liability Companies and Partnerships - Operating Agreements and Partnership Agreements
Sponsored by: Senator West
Status: Approved by the Governor - Chapter 295
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Authorizing the operating agreement of a limited liability company to provide for the transfer or assignment of an interest in the company to a certain person on the occurrence of certain events regardless of whether the person is a member; authorizing a member of a limited liability company to retain the member's noneconomic interest in the company on assignment of all of the member's economic interest in the company under certain circumstances; etc.

Committees

Original:: Judicial Proceedings Click to view Recorded Media

Opposite:: Economic Matters

Committee Testimony

Witness List

Details

Cross-filed with: HB0342

Bill File Type: Regular

Effective Date(s): October 1, 2022

History

Legislation History
Chamber Senate Calendar Date 1/14/2022 Legislative Date 1/14/2022 Action First Reading Judicial Proceedings Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Corporations and Associations - Limited Liability Companies and Partnerships - Operating Agreements and Partnership Agreements Proceedings
Chamber Senate Calendar Date 1/18/2022 Legislative Date 1/18/2022 Action Hearing 2/02 at 2:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Judicial Proceedings Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/14/2022 Legislative Date 2/14/2022 Action Favorable with Amendments Report by Judicial Proceedings Proceedings
Chamber Senate Calendar Date 2/16/2022 Legislative Date 2/13/2022 Action Favorable with Amendments {823022/1 Adopted Proceedings 25 Click to view Recorded Media
Chamber Senate Calendar Date 2/16/2022 Legislative Date 2/13/2022 Action Second Reading Passed with Amendments Proceedings 25 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Corporations and Associations - Limited Liability Companies and Partnerships - Operating Agreements and Partnership Agreements Proceedings
Chamber Senate Calendar Date 2/18/2022 Legislative Date 2/15/2022 Action Third Reading Passed (47-0) Proceedings 27 Click to view Recorded Media
Chamber House Calendar Date 2/22/2022 Legislative Date 2/22/2022 Action Referred Economic Matters Proceedings 15 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/11/2022 Legislative Date 4/11/2022 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 4/11/2022 Legislative Date 4/03/2022 Action Favorable Adopted Second Reading Passed Proceedings 55 Click to view Recorded Media
Chamber House Calendar Date 4/11/2022 Legislative Date 4/05/2022 Action Third Reading Passed (128-0) Proceedings 57 Click to view Recorded Media
Chamber Senate Calendar Date 4/11/2022 Legislative Date 4/03/2022 Action Returned Passed Proceedings 74 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/12/2022 Legislative Date 5/12/2022 Action Approved by the Governor - Chapter 295 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Corporations and Associations - Limited Liability Companies and Partnerships - Operating Agreements and Partnership Agreements Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/14/2022	1/14/2022	First Reading Judicial Proceedings
			Text - First - Corporations and Associations - Limited Liability Companies and Partnerships - Operating Agreements and Partnership Agreements
Senate	1/18/2022	1/18/2022	Hearing 2/02 at 2:00 p.m.
			Vote - Senate - Committee - Judicial Proceedings	Click to view Recorded Media
Senate	2/14/2022	2/14/2022	Favorable with Amendments Report by Judicial Proceedings
Senate	2/16/2022	2/13/2022	Favorable with Amendments {823022/1 Adopted	25 Click to view Recorded Media
Senate	2/16/2022	2/13/2022	Second Reading Passed with Amendments	25 Click to view Recorded Media
			Text - Third - Corporations and Associations - Limited Liability Companies and Partnerships - Operating Agreements and Partnership Agreements
Senate	2/18/2022	2/15/2022	Third Reading Passed (47-0)	27 Click to view Recorded Media
House	2/22/2022	2/22/2022	Referred Economic Matters	15 Click to view Recorded Media
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	4/11/2022	4/11/2022	Favorable Report by Economic Matters
House	4/11/2022	4/03/2022	Favorable Adopted Second Reading Passed	55 Click to view Recorded Media
House	4/11/2022	4/05/2022	Third Reading Passed (128-0)	57 Click to view Recorded Media
Senate	4/11/2022	4/03/2022	Returned Passed	74 Click to view Recorded Media
Post Passage	5/12/2022	5/12/2022	Approved by the Governor - Chapter 295
			Text - Chapter - Corporations and Associations - Limited Liability Companies and Partnerships - Operating Agreements and Partnership Agreements

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Statutes