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HB 1231: Limited Liability Companies

GENERAL BILL by Jacques ; (CO-INTRODUCERS) Benjamin

Limited Liability Companies; Provides for protected series of series limited liability company & foreign protected series of foreign series limited liability company; provides for nature, governing law, operating agreement, registered agent, service, certificates, associated assets, associated members, protected series transferable interest, management, liabilities, remedies, enforcement of judgments against, dissolution, & merger & applicability of laws to such companies & protected series of such companies.

Effective Date: 1/1/2025
Last Action: 3/8/2024 House - Died in Judiciary Committee
Bill Text: PDF



Bill History

Date Chamber Action
1/4/2024 House • Filed
1/9/2024 House • 1st Reading (Original Filed Version)
1/13/2024 House • Referred to Civil Justice Subcommittee
• Referred to Commerce Committee
• Referred to Judiciary Committee
• Now in Civil Justice Subcommittee
1/23/2024 House • Added to Civil Justice Subcommittee agenda
1/25/2024 House • Favorable by Civil Justice Subcommittee
• Reported out of Civil Justice Subcommittee
• Now in Commerce Committee
2/6/2024 House • Added to Commerce Committee agenda
2/8/2024 House • Favorable by Commerce Committee
• Reported out of Commerce Committee
• Now in Judiciary Committee
3/8/2024 House • Died in Judiciary Committee