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Senate Insurance & Commerce committee approves technical fix to LLC law
INSURANCE & COMMERCE - SENATE · December 8, 2021
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Summary
The Senate Insurance & Commerce committee voted to pass House Bill 1004, a technical correction to the Limited Liability Company Act intended to reconcile a drafting error that caused an unintended lapse between the old and new laws. No public testimony was taken.
The Senate Insurance & Commerce committee unanimously approved House Bill 1004 on a voice vote, advancing a technical correction to the state’s Limited Liability Company Act.
Representative Dolby presented the bill, saying: "This is the limited liability company act in which, there was a…
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