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House Bill 1351


House Bill 1351

ARCHIVE (2010)

Latest Information

 

DIGEST OF INTRODUCED BILL


Limited partnerships and liability companies. Enacts the Uniform Limited Partnership Act (2001) governing limited partnerships and limited liability limited partnerships. Enacts the Revised Uniform Limited Liability Company Act (2006) governing limited liability companies. Provides for biennial reports for both limited partnerships and limited liability companies instead of annual reports as required in both the Uniform Limited Partnership Act and the Revised Uniform Limited Liability Company Act. Specifies transitional provisions. Repeals the limited partnership statute in current law on July 1, 2011. Repeals the limited liability company statute in current law on July 1, 2011.
Current Status:
 In Committee - first House
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