Bill Text: CT HB06647 | 2017 | General Assembly | Introduced


Bill Title: An Act Concerning The Establishment Of Series Limited Liability Companies.

Spectrum: Partisan Bill (Republican 5-0)

Status: (Introduced) 2017-01-24 - Referred to Joint Committee on Judiciary [HB06647 Detail]

Download: Connecticut-2017-HB06647-Introduced.html

General Assembly

 

Proposed Bill No. 6647

 

January Session, 2017

 

LCO No. 2264

 

*02264*

Referred to Committee on JUDICIARY

 

Introduced by:

 

REP. KLARIDES, 114th Dist.

REP. CANDELORA, 86th Dist.

REP. HOYDICK, 120th Dist.

REP. O'DEA, 125th Dist.

REP. O'NEILL, 69th Dist.

 

AN ACT CONCERNING THE ESTABLISHMENT OF SERIES LIMITED LIABILITY COMPANIES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That chapter 613a of the general statutes be amended to allow a person to establish an umbrella limited liability company that includes subentities for individual properties with each subentity enjoying the same legal protections as the umbrella limited liability company.

Statement of Purpose:

To allow a person to establish an umbrella limited liability company with subentities for individual properties.

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