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2001 SESSION
SB 1001 Limited liability companies, limited partnerships, etc.
Introduced by: William C. Wampler, Jr. | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Business entities; registered agent. Eliminates provisions that permit professional corporations, limited liability companies and registered limited liability partnerships registered with the Virginia State Bar to serve as registered agents for domestic and foreign stock and nonstock corporations, limited liability companies, limited partnerships, and registered limited liability partnerships. A domestic or foreign stock or nonstock corporation, limited liability company, or registered limited liability partnership authorized to transact business in the Commonwealth, may serve as registered agent. If such an entity is appointed as registered agent, it cannot be its own registered agent and shall designate one or more natural persons to receive any process, notice or demand. Identical to HB 2035.
SUMMARY AS PASSED SENATE:
Registered agents of business entities. Makes consistent certain eligibility criteria for the registered agents of foreign corporations, limited liability companies, limited partnerships, and registered limited liability partnerships.
SUMMARY AS INTRODUCED:
Limited liability companies, limited partnerships, and registered limited liability partnerships. Makes the registered agent provisions uniform for limited liability companies, limited partnerships, and registered limited liability partnerships.