Limited partnerships and partnerships; prohibits transaction of business thereas unless registered. (HB2142)

Introduced By

Del. Terry Kilgore (R-Gate City)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Limited partnerships and partnerships. Prohibits the transaction of business as a limited partnership unless the business is a Virginia limited partnership or a foreign limited partnership registered to transact business in Virginia. The measure includes numerous technical amendments that ensure that terminology in the Virginia Limited Partnership Act and Partnership Act conforms to provisions of other Virginia business entity laws. Other provisions centralize and expand the delayed effective date provisions for Virginia limited partnership organizational documents; move the provisions for the conversion of a partnership to a limited partnership to the Limited Partnership Act; amend the filing fees for limited partnership and registered limited liability partnership amendments and cancellations; and transfer responsibility for the filing of amended and restated certificates of limited partnership in circuit court from the Commission to the limited partnership. Read the Bill »


03/27/2007: signed by governor


01/09/2007Prefiled and ordered printed; offered 01/10/07 070185158
01/09/2007Referred to Committee on Commerce and Labor
01/18/2007Read first time
01/19/2007Read second time
01/19/2007Committee amendments agreed to
01/19/2007Engrossed by House as amended HB2142E
01/19/2007Printed as engrossed 070185158-E
01/22/2007Read third time and passed House (96-Y 0-N)
01/22/2007Communicated to Senate
01/23/2007Constitutional reading dispensed
01/23/2007Referred to Committee on Commerce and Labor
01/25/2007Impact statement from SCC (HB2142E)
02/12/2007Reported from Commerce and Labor (15-Y 0-N) (see vote tally)
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)
02/22/2007Bill text as passed House and Senate (HB2142ER)
02/23/2007Signed by Speaker
02/24/2007Signed by President
02/26/2007Impact statement from SCC (HB2142ER)
03/20/2007G Approved by Governor-Chapter 631 (effective 7/1/07)
03/27/2007G Approved by Governor-Chapter 631 (effective 7/1/07)
04/05/2007G Acts of Assembly Chapter text (CHAP0631)