Professional corporations & limited liability companies; authorizes board of directors to delegate. (HB2103)

Introduced By

Del. Lee Ware (R-Powhatan)

Progress

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

Description

Professional corporations and professional limited liability companies. Authorizes the board of directors of a professional corporation to delegate managerial duties and tasks related to the corporations operations to its agents, officers, and employees and, pursuant to an agreement, to other persons. An analogous amendment allows members or managers of a professional limited liability company to do likewise. Read the Bill »

Status

03/27/2007: signed by governor

History

DateAction
01/08/2007Committee
01/08/2007Prefiled and ordered printed; offered 01/10/07 075062540
01/08/2007Referred to Committee on Commerce and Labor
01/10/2007Impact statement from SCC (HB2103)
01/18/2007Read first time
01/19/2007Engrossed by House as amended HB2103H1
01/19/2007Read second time
01/19/2007Committee amendment agreed to
01/19/2007Engrossed by House as amended HB2103E
01/19/2007Printed as engrossed 075062540-E
01/22/2007Read third time and passed House (95-Y 0-N)
01/22/2007Communicated to Senate
01/23/2007Constitutional reading dispensed
01/23/2007Referred to Committee on Commerce and Labor
01/23/2007Impact statement from SCC (HB2103E)
02/14/2007Reconsideration of Pass By for the Day agreed to (40-Y 0-N)
02/14/2007Constitutional reading dispensed (40-Y 0-N)
02/14/2007Reconsideration of Passed by for the day agreed to (40-Y 0-N)
02/14/2007VOTE: (40-Y 0-N) (see vote tally)
02/14/2007Passed by for the day
02/15/2007Read third time
02/15/2007Passed Senate (38-Y 0-N)
02/15/2007VOTE: (38-Y 0-N) (see vote tally)
02/22/2007Enrolled
02/22/2007Bill text as passed House and Senate (HB2103ER)
02/23/2007Signed by Speaker
02/24/2007Signed by President
02/26/2007Impact statement from SCC (HB2103ER)
03/20/2007G Approved by Governor-Chapter 629 (effective 7/1/07)
03/27/2007G Approved by Governor-Chapter 629 (effective 7/1/07)
04/05/2007G Acts of Assembly Chapter text (CHAP0629)