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CS/CS/CS/HB 531: Limited Liability Companies

GENERAL BILL by Judiciary Committee ; Economic Development and Tourism Subcommittee ; Civil Justice Subcommittee ; McGhee ; Spano ; (CO-INTRODUCERS) Campbell ; McBurney

Limited Liability Companies; Specifying that persons who are not members of a limited liability company are not deemed to have notice of a provision of the company's articles of organization which limits a person's authority to transfer real property held in the company's name unless such limitation appears in an affidavit, certificate, or other instrument that is recorded in a specified manner; removing the prohibition that an operating agreement may not vary the power of a person to dissociate, etc.

Effective Date: 7/1/2015
Last Action: 6/15/2015 - Chapter No. 2015-148
Bill Text: PDF



Bill History

Date Chamber Action
1/28/2015 House • Filed
2/5/2015 House • Referred to Civil Justice Subcommittee; Economic Development and Tourism Subcommittee; Judiciary Committee -HJ 44
2/10/2015 House • PCS on Committee agenda-- Civil Justice Subcommittee, 02/17/15, 9:00 am, Sumner Hall
2/17/2015 House • CS by Civil Justice Subcommittee; YEAS 13 NAYS 0 -HJ 136
2/26/2015 House • Pending review of CS under Rule 7.19(c)
2/27/2015 House • Now in Economic Development and Tourism Subcommittee -HJ 131
3/3/2015 House • Introduced -HJ 44
• CS by Civil Justice Subcommittee read 1st time -HJ 130
3/6/2015 House • On Committee agenda-- Economic Development and Tourism Subcommittee, 03/10/15, 9:00 am, 12 HOB
3/10/2015 House • CS/CS by Economic Development and Tourism Subcommittee; YEAS 11 NAYS 0 -HJ 216
3/11/2015 House • Pending review of CS under Rule 7.19(c)
• CS/CS by Economic Development and Tourism Subcommittee read 1st time -HJ 213
3/12/2015 House • Now in Judiciary Committee -HJ 222
3/24/2015 House • On Committee agenda-- Judiciary Committee, 03/26/15, 1:00 pm, Sumner Hall
3/26/2015 House • CS/CS/CS by- Judiciary Committee; YEAS 18 NAYS 0 -HJ 345
3/27/2015 House • Pending review of CS -under Rule 7.19(c)
• CS/CS/CS by Judiciary Committee read 1st time -HJ 341
3/30/2015 House • Placed on Calendar -HJ 350
4/6/2015 House • Placed on Special Order Calendar, 04/08/15
4/8/2015 House • Read 2nd time -HJ 462
• Amendment(s) adopted (696881, 700397, 959833) -HJ 463
• Placed on 3rd reading
4/9/2015 House • Read 3rd time -HJ 496
• CS passed as amended; YEAS 114 NAYS 0 -HJ 497
4/15/2015 Senate • In Messages
• Referred to Commerce and Tourism; Judiciary; Rules -SJ 447
4/21/2015 Senate • Received -SJ 447
4/22/2015 Senate • Withdrawn from Commerce and Tourism; Judiciary; Rules -SJ 502
• Placed on Calendar, on 2nd reading -SJ 502
• Substituted for CS/CS/CS/SB 554 -SJ 502
• Read 2nd time -SJ 502
• Read 3rd time -SJ 502
• CS passed; YEAS 38 NAYS 0 -SJ 502
4/22/2015 House • Ordered enrolled -HJ 674
6/1/2015 • Signed by Officers and presented to Governor
6/11/2015 • Approved by Governor
6/15/2015 • Chapter No. 2015-148