BILL · 2005–06 SESSION

SB 6531: Limited liability companies

Preserving remedies when limited liability companies dissolve.

Summary

  • Provides a three year period following dissolution of a limited liability company during which the dissolution of the company does not extinguish any cause of action against the company.

From the House Bill Report (SB 6531), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 325, Laws of 2006
  1. IntroducedJan 13, 2006
  2. Out of committeeFeb 2, 2006
  3. Passed SenateFeb 11, 2006
  4. Passed HouseFeb 28, 2006
  5. GovernorMar 29, 2006
  6. LawMar 29, 2006
Prime sponsor
Brian Weinstein (D-41)
Introduced
January 13, 2006 in the Senate
Last action
March 29, 2006
Session law
Chapter 325, Laws of 2006

AN ACT Relating to preserving remedies when limited liability companies dissolve;

Sponsors

Prime sponsor: Brian Weinstein (D-41)

2 co-sponsors (2 Democrats, 0 Republicans)

Votes

Senate · 3rd Reading & Final Passage

Passed February 11, 2006
Version voted on: SB 6531
41 Yea 0 Nay 0 Absent 8 Excused
PartyYeaNayAbsentExcused
Democrat26000
Republican15008
How each member voted

House · Final Passage

Passed February 28, 2006
Version voted on: SB 6531
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat56000
Republican41001
How each member voted

Yea (97)

Excused (1)

History

  1. Effective date 6/7/2006.
  2. Chapter 325, 2006 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. President signed.
  6. Speaker signed.
  7. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Passed to Rules Committee for second reading.
  11. JUDI - Majority; do pass.
  12. JUDI - Executive action taken by committee.
  13. First reading, referred to Judiciary.
  14. Third reading, passed; yeas, 41; nays, 0; absent, 0; excused, 8.
  15. Rules suspended. Placed on Third Reading.
  16. Placed on second reading by Rules Committee.
  17. Made eligible to be placed on second reading.
  18. Passed to Rules Committee for second reading.
  19. JUD - Majority; do pass.
  20. First reading, referred to Judiciary.

SB 6531 in other sessions

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

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