Limited liability companies; SCC to correct its records to eliminate effects of clerical error, etc. (HB1040)
Introduced By
Del. Kathy Byron (R-Lynchburg)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Limited liability companies. Authorizes the State Corporation Commission (SCC) to correct its records to eliminate the effects of clerical errors and filings made by a person without authority to act on behalf of a limited liability company. Similar provisions exist in the Code for stock and nonstock corporations. The measure also authorizes the SCC to assess limited liability companies with its annual registration fee in the month it was organized or qualified to transact business. Currently, all limited liability companies are assessed an annual registration fee on July 1, which is due by October 1 to avoid a penalty. The SCC is required to enter an order by August 1, 2010, regarding the schedule for implementing the change in assessment dates. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/13/2010 | Committee |
01/13/2010 | Prefiled and ordered printed; offered 01/13/10 10101170D |
01/13/2010 | Referred to Committee on Commerce and Labor |
01/28/2010 | Reported from Commerce and Labor with amendment (22-Y 0-N) (see vote tally) |
02/01/2010 | Read first time |
02/02/2010 | Read second time |
02/02/2010 | Committee amendment agreed to |
02/02/2010 | Engrossed by House as amended HB1040E |
02/02/2010 | Printed as engrossed 10101170D-E |
02/02/2010 | Impact statement from SCC (HB1040) |
02/03/2010 | Read third time and passed House BLOCK VOTE(98-Y 0-N) |
02/03/2010 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
02/03/2010 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally) |
02/04/2010 | Impact statement from SCC (HB1040E) |
02/04/2010 | Constitutional reading dispensed |
02/04/2010 | Referred to Committee on Commerce and Labor |
02/09/2010 | Impact statement from SCC (HB1040E) |
03/01/2010 | Reported from Commerce and Labor (13-Y 0-N) (see vote tally) |
03/03/2010 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
03/04/2010 | Read third time |
03/04/2010 | Passed Senate (40-Y 0-N) (see vote tally) |
03/11/2010 | Enrolled |
03/11/2010 | Bill text as passed House and Senate (HB1040ER) |
03/11/2010 | Impact statement from SCC (HB1040ER) |
03/11/2010 | Signed by Speaker |
03/13/2010 | Signed by President |
04/12/2010 | G Approved by Governor-Chapter 703 (effective 7/1/10) |
04/12/2010 | G Acts of Assembly Chapter text (CHAP0703) |