File Code: Corporations and Associations
Crossfiled with: HOUSE BILL 777
- Sponsored By:
-
Senator Raskin
- Entitled:
-
Corporations and Associations - Limited Liability Act - Revisions
Establishing that specified statutory provisions relating to limited
liability companies apply unless otherwise agreed on in the limited
liability company's articles of organization, in the operating
agreement, or by unanimous consent; repealing the requirement that the
purposes for which a limited liability company is formed be stated in
the articles of organization; altering the requirements for a resident
agent; repealing provisions relating to a member's authority regarding
abandoning the business; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
For explanation of terms
click here.
Senate Action
- 2/3
- First Reading Judicial Proceedings
- 2/8
- Hearing 3/8 at 1:00 p.m.
- 3/19
- Favorable Report by Judicial Proceedings
- 3/16
- Favorable Report Adopted
- Second Reading Passed
- 3/18
- Third Reading Passed (46-0)
- 4/2
- Returned Passed
House Action
- 3/18
- First Reading Economic Matters
- 4/5
- Favorable Report by Economic Matters
- 3/31
- Favorable Report Adopted
- Second Reading Passed
- 4/2
- Third Reading Passed (130-0)
Action after passage in Senate and House
- 5/22
- Approved by the Governor
- - Chapter 599
Bill indexed under the following Subjects:
- Agents and Brokers
- Bankruptcy
- Foreclosure
- Liens -see also- Mechanics' Liens
- Limited Liability Companies
- Mergers and Acquisitions
- Notices
- Partnerships
- Privacy
- Records -see also- Land Records; Vital Records
- Security Interests -see also- Liens; Mechanics' Liens
- Telecommunications and Information Technology
- Trade Secrets
- Voting -see also- Ballots; Elections
Bill affects the following Statutes:
- Corporations and Associations
- (
1-101
,
4A-101
,
4A-102
,
4A-203
,
4A-204
,
4A-209
,
4A-210
,
4A-211
,
4A-401 through 4A-403
,
4A-403.1
,
4A-403.2
,
4A-405
,
4A-406
,
4A-502 through 4A-505
,
4A-601 through 4A-601.1
,
4A-607
,
4A-701
,
4A-702
,
4A-704 through 4A-706
,
4A-709
,
4A-801
,
4A-802
,
4A-902
,
4A-904
,
4A-906
,
4A-918
,
4A-1103
,
4A-1104
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled, Chapter
- Fiscal and Policy Note:
Available
- Amendments:
None offered
-
Committee Votes :
Senate
- Judicial Proceedings
House
- Economic Matters
- Roll Call Votes (Legislative dates are shown):
Senate
- March 18, 2012: Third Reading Passed (46-0)
House
- April 2, 2012: Third Reading Passed (130-0)
