HOUSE BILL 759

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 sole proprietorship to a limited liability company.

History by Legislative Date

House Action

2/12

First Reading Judiciary

2/16

Hearing 3/5 at 1:00 p.m.

3/15

Favorable with Amendments Report by Judiciary

3/16

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/18

Third Reading Passed (132-2)

4/4

Return Passed

5/27

Signed by the Governor Chapter 663

Senate Action

3/19

First Reading Judicial Proceedings

3/24

Hearing 3/31 at 1:00 p.m.

4/5

Favorable Report by Judicial Proceedings

Favorable Report Adopted

Second Reading Passed

4/6

Third Reading Passed (46-0)

Bill indexed under the following Subjects:

CORPORATIONS -see also- MERGERS; MUNICIPAL CORPORATIONS

ESTATES AND TRUSTS -see also- FIDUCIARIES

FIDUCIARIES

LIMITED LIABILITY COMPANIES

PERSONAL REPRESENTATIVES

Bill affects the following Statutes:

Estates and Trusts

( 7-401 , 15-102 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments:

House

Number: 592907/1 (PDF)     Offered on: March 16, 1999   at: 10:47 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

House

March 18, 1999: Third Reading Passed (132-2)

Senate

April 6, 1999: Third Reading Passed (46-0)