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2009 SESSION

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HB 1957 Limited liability companies; may change its principal office by filing statement of change on form.

Introduced by: Robert W. Mathieson | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED HOUSE:

Limited liability companies; registered office and principal office.  Allows a limited liability company to change its principal office on the records of the State Corporation Commission by filing a form prescribed for such purpose. The most recent designation of principal office shall be conclusive for purposes of the Limited Liability Company Act. The measure makes a technical correction regarding the registered office of a limited liability company. The measure will be effective April 1, 2010.

SUMMARY AS INTRODUCED:

Limited liability companies; principal office.  Allows a limited liability company to designate its principal office by submitting a form, prescribed by the State Corporation Commission for such purpose, with its most recent payment of annual registration fees. The designation shall be conclusive for purposes of the Limited Liability Company Act. The measure provides a method for a limited liability company to report a change in its principal office that is similar to that available to a corporation, which may designate its principal office in an annual report.