SB 628

  • Illinois Senate Bill
  • 95th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Llc Act-Member Liability

Abstract

Amends the Limited Liability Company Act. Provides that a member or manager who, with knowledge of the dissolution, subjects a limited liability company to liability by an act that is not appropriate for winding up the company's business is liable to the company and to any third party with whom the member or manager contracts after the dissolution for any damage caused to the company or third party arising from the liability. Effective immediately.

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Jan 13, 2009

Senate

Session Sine Die

Feb 08, 2007

Senate

Filed with Secretary by Sen. Matt Murphy

Senate

First Reading

Senate

Referred to Rules

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