HOUSE BILL 1386

Sponsored By:

Delegate Finifter

Entitled:

Estates and Trusts - Conversion of Sole Proprietorships to Limited Liability Companies by Personal Representatives and Fiduciaries

Synopsis:

Allowing a personal representative and a fiduciary to convert a decedent's proprietorship to a limited liability company.

History by Legislative Date

House Action

3/5

First Reading House Rules

3/9

Re-referred Judiciary

Hearing 3/24 at 1:00 p.m.

3/26

Unfavorable Report by Judiciary

Senate Action

No Action

Bill indexed under the following Subjects:

CORPORATIONS -see also- MERGERS; MUNICIPAL CORPORATIONS

ESTATES AND TRUSTS -see also- FIDUCIARIES

FIDUCIARIES

LIABILITY -see also- GOOD SAMARITAN

PERSONAL REPRESENTATIVES

Bill affects the following Statutes:

Estates and Trusts

( 7-401 , 15-102 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered