Corporations and Associations - Limited Liability Act - Revisions

SB 855 Corporations and Associations Limited Liability Act Revisions

Maryland 2012 Regular Session

Corporations and Associations - Limited Liability Act - Revisions
SB-855


About SB-855

Establishing that specified statutory provisions relating to limited liability companies apply unless otherwise agreed on in the limited liability company's articles of organization, in the operating agreement, or by unanimous consent; repealing the requirement that the purposes for which a limited liability company is formed be stated in the articles of organization; altering the requirements for a resident agent; repealing provisions relating to a member's authority regarding abandoning the business; etc.

  

Bill Texts

Chaptered 06/05/2012

Engrossed 03/20/2012

Introduced 02/07/2012

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History

Approved By The Governor

05/22/2012

Favorable Report By Economic Matters

04/05/2012

Returned Passed

04/02/2012

Third Reading Passed (130-0)

04/02/2012

Favorable Report Adopted

03/31/2012

Second Reading Passed

03/31/2012

Favorable Report By Judicial Proceedings

03/19/2012

Third Reading Passed (46-0)

03/18/2012

First Reading Economic Matters

03/18/2012

Favorable Report Adopted

03/16/2012

Second Reading Passed

03/16/2012

Hearing 3/8 At 1:00 P.m.

02/08/2012

First Reading Judicial Proceedings

02/03/2012