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2007 SESSION

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HB 2103 Professional corporations & limited liability companies; authorizes board of directors to delegate.

Introduced by: R. Lee Ware, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Professional corporations and professional limited liability companies.  Authorizes the board of directors of a professional corporation to delegate managerial duties and tasks related to the corporation’s operations to its agents, officers, and employees and, pursuant to an agreement, to other persons. An analogous amendment allows members or managers of a professional limited liability company to do likewise.


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