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 The current legal requirement is wildly outdated.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