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House Bill 1306


House Bill 1306

ARCHIVE (2006)

Latest Information

 

DIGEST OF HB1306 (Updated March 8, 2006 6:37 pm - DI 84)


Various corporate law matters. Changes the name of the corporate law survey commission to the business law survey commission. Permits the execution of certain documents by an attorney in fact. Provides that distributions by a corporation or limited liability company do not include reasonable compensation, retirement payments, or guaranty payments. Provides for conversion of certain domestic or foreign entities to certain other entities. Specifies the rights of access of members to records or information of a limited liability company. Specifies the procedure for revocation of dissolution by a limited liability company.
Current Status:
 Law Enacted
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