BILL · 1995–96 SESSION · LATEST VERSION SSB 5374

SB 5374: Limited liability partnrshps

Creating registered limited liability partnerships.

Summary

  • A new form of business association known as a registered limited liability partnership is created. Two or more persons may become a registered limited liability partnership by applying with the Secretary of State, paying the $175 application fee, and maintaining a $1,000,000 liability insurance policy or such higher amount as established by rule by the Insurance Commissioner.

From the Substitute Senate Bill Report (SSB 5374), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 337, Laws of 1995
  1. IntroducedJan 20, 1995
  2. Out of committee
  3. Passed SenateMar 7, 1995
  4. Passed HouseApr 5, 1995
  5. Governor
  6. LawMay 11, 1995
Prime sponsor
Adam Smith (D-33)
Introduced
January 20, 1995 in the Senate
Last action
May 11, 1995
Session law
Chapter 337, Laws of 1995
Budget
Has a fiscal note
Versions
SB 5374, SSB 5374

Sponsors

Prime sponsor: Adam Smith (D-33)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

Senate · Final Passage

March 7, 1995
Version voted on: SSB 5374
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat25000
Republican24000
How each member voted

House · Final Passage

April 5, 1995
Version voted on: SSB 5374
96 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat35001
Republican61000
How each member voted

Yea (96)

Excused (1)

House · Final Passage

April 20, 1995
Version voted on: SSB 5374
94 Yea 0 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat35001
Republican59003
How each member voted

Yea (94)

Senate · Final Passage

April 21, 1995
Version voted on: SSB 5374
46 Yea 0 Nay 2 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat22021
Republican24000
How each member voted

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5374 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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