Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee narrows notice requirement for dissolving LLCs and nonprofits; electronic notice adopted when email on file
Summary
The committee amended and reported bills (SB 522 for LLCs and SB 525 for nonprofits) that remove an outdated second certified-mail requirement and permit the Secretary of State to send the post-dissolution notice electronically if an email address is on file.
The Senate Committee on Government Organization voted to amend and report Senate Bill 522 (LLCs) and Senate Bill 525 (nonprofits), adopting an amendment that allows the Secretary of State to send an electronic notice of a certificate of dissolution when an email address for the entity is on file.
Committee counsel opened the discussion on SB 522, describing the bill as clarifying the procedure for administratively dissolving an LLC when statutory grounds are not remedied. Counsel said the bill was requested by the Secretary of State and that, under current law, the Secretary of State files and serves a certificate of dissolution; the bill eliminates an older requirement for a second in-person or certified-mail service that dated to 2002.
Dean Kersey, chief of staff for the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
