SB 1324 (2023) -  Limited Liability Companies

by Berman
Creating the "Uniform Protected Series Provisions"; providing that a protected series of a series limited liability company is a person distinct from certain other entities; authorizing series limited liability companies to establish protected series; providing requirements for becoming an associated member of a protected series; requiring that protected-series transferable interests be initially owned by an associated member or a series limited liability company; providing specifications for the dissolution of series limited liability companies, etc.
Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect upon this act becoming a law, this act shall take effect July 1, 2023
Last Event: 05/05/23 S Died in Commerce and Tourism on Friday, May 5, 2023 10:59 AM

Referred Committees and Committee Actions

Senate Referrals

  • Commerce and Tourism
  • Judiciary
  • Fiscal Policy

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Commerce and Tourism Time: 05/05/2023 - 10:59 AM Member: Committee: Commerce and Tourism Version: __
Event: S Introduced Time: 03/07/2023 - 10:45 AM Member: Committee: Version: __
Event: S Referred to Commerce and Tourism; Judiciary; Fiscal Policy Time: 03/06/2023 - 12:31 PM Member: Committee: Commerce and Tourism Version: __
Event: S Filed Time: 03/01/2023 - 8:46 AM Member: Committee: Version: __