Limited liability companies; access to records. (HB2113)

Introduced By

Sen. Monty Mason (D-Williamsburg)

Progress

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

Description

Limited liability companies; access to records. Authorizes limited liability companies to keep certain records either at the limited liability company's principal office or on a shared drive to which all members have access. Currently, the records are required to be kept at the limited liability company's principal office. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/14/2015Committee
01/14/2015Prefiled and ordered printed; offered 01/14/15 15100119D
01/14/2015Referred to Committee on Commerce and Labor
01/21/2015Impact statement from SCC (HB2113)
01/22/2015Reported from Commerce and Labor (21-Y 0-N) (see vote tally)
01/22/2015Referred to Committee on Science and Technology
01/29/2015Assigned S & T sub: Emerging Technologies Subcommittee
02/02/2015Subcommittee failed to recommend reporting (5-Y 2-N)
02/10/2015Left in Science and Technology

Comments

Waldo Jaquith writes:

Yes, please. The current legal requirement is wildly outdated. Many modern businesses have no principal physical location, or they keep their records in the cloud.