JoAnn D. Osmond
- Republican
Amends the Limited Liability Corporation Act. Provides that in a manager-managed company a member is held to specified standards of conduct to the extent that the member exercises the managerial authority vested in a manager by this Act (rather than a member who pursuant to the operating agreement exercises some or all of the authority of a manager in the management and conduct of the company's business is held to specified standards of conduct to the extent that the member exercises the managerial authority vested in a manager by this Act).
Public Act . . . . . . . . . 96-0263
Effective Date January 1, 2010
Governor Approved
Sent to the Governor
Third Reading - Passed; 056-000-000
Passed Both Houses
Placed on Calendar Order of 3rd Reading May 13, 2009
Second Reading
Do Pass Judiciary; 010-000-000
Placed on Calendar Order of 2nd Reading April 23, 2009
Assigned to Judiciary
First Reading
Referred to Assignments
Chief Senate Sponsor Sen. Don Harmon
Placed on Calendar Order of First Reading March 26, 2009
Arrive in Senate
Placed on Calendar Order of 3rd Reading - Short Debate
Third Reading - Short Debate - Passed 114-000-000
Held on Calendar Order of Second Reading - Short Debate
Second Reading - Short Debate
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Judiciary I - Civil Law Committee; 017-000-000
Assigned to Judiciary I - Civil Law Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. JoAnn D. Osmond
Bill Text Versions | Format |
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Introduced | HTML |
Engrossed | HTML |
Enrolled | HTML |
Document | Format |
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Public Act |
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