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1999 SESSION

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SB 1194 Limited liability companies; contributions by members.

Introduced by: Malfourd W. Trumbo | all patrons    ...    notes | add to my profiles | history

SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION:

Limited liability companies; contributions by members. Establishes conditions under which a member who is a corporation can make its contribution to a limited liability company in the form of assets for which a project application has been approved.

SUMMARY AS PASSED:

Limited liability companies; contributions by members. Establishes conditions under which a member who is a professional business entity can make its contribution to a limited liability company in the form of assets for which a project application has been approved.

SUMMARY AS INTRODUCED:

Limited liability companies; contributions by members. Establishes conditions under which a member who is a professional business entity can make its contribution to a limited liability company in the form of assets for which a project application has been approved.