SB 199 - McKenna, Ryan
Modifies laws affecting limited liability companies, limited partnerships, and nonprofit companies
Bill Details
Sponsor
LR Number
1116S.01I
Title
SB 199
House Handler
N/A
Journal Page
Effective Date
August 28, 2009
Current Status
Second Read and Referred S Judiciary and Civil and Criminal Jurisprudence Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 199 - The act defines responsible persons for the purposes of tax liability for limited liability companies. The act eliminates certain duplicate filing requirements for articles of acceptance, articles of merger, and resignation of agents for nonprofit corporations.
If the general partners of a limited partnership withdraw and the remaining partners decide to continue the partnership, the act allows a new general partner to sign the certificate of amendment and attest to the specific event of withdrawal.
This act is identical to SB 214 (2007), SB 940 (2008), HB 333 (2009), and HB 776 (2009).
CHRIS HOGERTY