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SB477: Limited liability companies; issuance of certificate of organization upon filing of articles.

Chief Patron

Sen. Chuck Colgan (D-29)

Chuck Colgan (D-29)
Served: 1976–

Progress

Yes Introduced
Yes Passed Committee
Yes Passed House
Yes Passed Senate
Yes Signed by Governor
Yes Became Law

Status

04/05/2006: signed by governor

View Entire History

Summary

Limited liability companies.  Provides for the issuance of a certificate of organization upon the filing of articles of organization. The measure also provides for (i) the execution of documents by an organizer when there are no members or managers and (ii) the filing by a domestic limited liability company of articles of cancellation and the Commission’s issuance of a certificate of cancellation. The due date for the payment of the annual registration fee is extended from September 1 to October 1, after which the notice of impending cancellation will be issued. Other changes are technical amendments intended to clarify statutory provisions applicable to limited liability companies.   View Full Text »

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Bill Text

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