House Bill 787 (2002) - The Florida Senate

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CS/HB 787: Limited Liability Companies

GENERAL BILL by Council for Smarter Government ; Rubio

Limited Liability Companies; authorizes limited liability company to select managing members; revises requirements of articles of organization for company managed by one or more managers; provides requirements for executing articles of organization; provides requirements for member-managed company; provides for liability of managers & managing members; provides for indemnification of members of limited liability company, etc. Amends Ch. 608.

Effective Date: 10/01/2002
Last Action: 5/23/2002 - Approved by Governor; Chapter No. 2002-272
Bill Text: Web Page | PDF

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Bill History

Date	Chamber	Action
1/9/2002	House	• Prefiled
1/11/2002	House	• Referred to Judicial Oversight (SGC); Council for Smarter Government
1/22/2002	House	• Introduced, referred to Judicial Oversight (SGC); Council for Smarter Government -HJ 00057
1/28/2002	House	• On Committee agenda-- Judicial Oversight (SGC), 01/30/02, 1:00 pm, 212-K --Not considered
2/5/2002	House	• On Committee agenda-- Judicial Oversight (SGC), 02/07/02, 9:00 am, 212-K
2/7/2002	House	• Favorable with 2 amendment(s) by Judicial Oversight (SGC); YEAS 8 NAYS 0 -HJ 00226
2/8/2002	House	• Now in Council for Smarter Government -HJ 00226
2/12/2002	House	• On Council agenda-- Council for Smarter Government, 02/14/02, 8:00 am, Morris Hall
2/14/2002	House	• CS by- Council for Smarter Government; YEAS 10 NAYS 0 -HJ 00287
2/26/2002	House	• CS read first time on 02/26/02 -HJ 00285
2/22/2002	House	• Pending review of CS under Rule 6 -HJ 00287
2/25/2002	House	• Placed on Calendar -HJ 00287
3/14/2002	House	• Placed on Special Order Calendar; Read second time -HJ 01268; Amendment(s) adopted -HJ 01268
3/18/2002	House	• Read third time -HJ 01975; CS passed as amended; YEAS 113 NAYS 0 -HJ 01975
3/18/2002	Senate	• In Messages
3/20/2002	Senate	• Received, referred to Commerce and Economic Opportunities; Judiciary -SJ 01217
3/22/2002	Senate	• Withdrawn from Commerce and Economic Opportunities; Judiciary -SJ 01645; Substituted for SB 944 -SJ 01645; Read second and third times -SJ 01645; CS passed; YEAS 38 NAYS 0 -SJ 01645
3/22/2002	House	• Ordered enrolled -HJ 03155
5/15/2002		• Signed by Officers and presented to Governor
5/23/2002		• Approved by Governor; Chapter No. 2002-272

Related Bills

Bill Number	Subject	Filed By	Relationship	Last Action and Location
S 944	Limited Liability Companies	Sanderson	Identical	Last Action: 3/22/2002 S Placed on Special Order Calendar -SJ 01482; Substituted CS/HB 787 -SJ 01645; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/HB 787 (Ch. 2002-272)
H 1837	Department of State	Prieguez	Compare	Last Action: 3/22/2002 H Died in Council on Council for Competitive Commerce, Link/Iden/Sim/Compare passed, refer to CS/HB 787 (Ch. 2002-272)
S 2404 (c1)	Department of State	Peaden	Compare	Last Action: 3/22/2002 S Died in Committee on Judiciary, Link/Iden/Sim/Compare passed, refer to CS/HB 787 (Ch. 2002-272)

Version	Posted	Format
H 787 Filed	1/10/2002 12:44 AM	Web Page \| PDF
H 787 c1	2/23/2002 12:55 AM	Web Page \| PDF
H 787 e1	3/15/2002 3:51 AM	Web Page \| PDF
H 787 er	3/26/2002 10:54 AM	Web Page \| PDF

Committee Amendments

H 787 Filed
Amendment	Sponsor	Filed	Last Committee Action	Format
505681 - Amendment	Judicial Oversight	2/9/2002 12:56 AM		Web Page PDF
861953 - Amendment	Judicial Oversight	2/9/2002 12:57 AM		Web Page PDF

Floor Amendments

H 787 c1
Amendments	Sponsor	Filed	Last Floor Action	Format
834871 - Amendment	Rubio	3/8/2002 2:41 PM		Web Page PDF

Bill Analyses

Type	Analysis	Author	Posted	Format
Bill Analysis	H 787	Judicial Oversight (Post-Meeting)	1/29/2002 12:00 AM	PDF
Bill Analysis	H 787	Judicial Oversight (Post-Meeting)	2/7/2002 12:00 AM	PDF
Bill Analysis	H 787	Council for Smarter Government (Post-Meeting)	2/20/2002 12:00 AM	PDF
Bill Analysis	H 787	Judicial Oversight (Post-Meeting)	10/16/2002 12:00 AM	PDF

Vote	Date	Chamber	Result
H 787 e1	3/18/2002 1:28 PM	House	113 Yeas - 0 Nays
H 787 e1	3/22/2002 5:06 PM	Senate	38 Yeas - 0 Nays

Citations - Statutes (33)

Citation	Catchline	Location in Bill Location In Bill Help
608.401	Short title.
608.402	Definitions.
608.404	Powers.
608.407	Articles of organization.
608.408	Execution of certificate or statement.
608.4081	Filing requirements.
608.409	Effect of filing and issuance of time and date endorsement on the articles of organization.
608.4101	Records to be kept; right to information.
608.411	Amendments to or restatements of articles of organization.
608.422	Management of limited liability company.
608.4225	General standards for managers and managing members.
608.4226	Conflicts of interest.
608.4227	Liability of members and managers.
608.4228	Liability of managers and managing members.
608.4229	Indemnification of managers, managing members, officers, employees, and agents.
608.423	Limited liability company operating agreement; nonwaivable provisions.
608.4231	Voting by members and managers.
608.4235	Agency of members and managers.
608.4238	Unauthorized assumption of powers.
608.425	Limited liability company property.
608.428	Liability upon wrongful distribution.
608.432	Assignment of member's interest.
608.438	Merger of limited liability company.
608.441	Dissolution.
608.444	Distribution of assets upon dissolution.
608.445	Articles of dissolution.
608.446	Filing of articles of dissolution.
608.449	Grounds for judicial dissolution.
608.463	Service of process.
608.504	Amended certificate of authority.
608.507	Registered office and registered agent of foreign limited liability company.
608.704
608.705

Citations - Constitution (0)

No Constitutional citations.

Citations - Chapter Law (0)

No Chapter Law citations.

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