IL HB1336 | 2009-2010 | 96th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on August 11 2009 - 100% progression
Action: 2009-08-11 - Public Act . . . . . . . . . 96-0263
Text: Latest bill text (Enrolled) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on August 11 2009 - 100% progression
Action: 2009-08-11 - Public Act . . . . . . . . . 96-0263
Text: Latest bill text (Enrolled) [HTML]
Summary
Amends the Limited Liability Corporation Act. Provides that in a manager-managed company a member is held to specified standards of conduct to the extent that the member exercises the managerial authority vested in a manager by this Act (rather than a member who pursuant to the operating agreement exercises some or all of the authority of a manager in the management and conduct of the company's business is held to specified standards of conduct to the extent that the member exercises the managerial authority vested in a manager by this Act).
Title
LLCA-MEMBER MANAGER AUTHORITY
Sponsors
Roll Calls
2009-05-14 - Senate - Third Reading in Senate (Y: 51 N: 0 NV: 3 Abs: 0) [PASS]
2009-03-24 - House - Third Reading in House (Y: 114 N: 0 NV: 0 Abs: 0) [PASS]
2009-03-24 - House - Third Reading in House (Y: 114 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2009-08-11 | Public Act . . . . . . . . . 96-0263 | |
| 2009-08-11 | Effective Date January 1, 2010 | |
| 2009-08-11 | Governor Approved | |
| 2009-06-12 | Sent to the Governor | |
| 2009-05-14 | Passed Both Houses | |
| 2009-05-14 | Third Reading - Passed; 056-000-000 | |
| 2009-05-12 | Placed on Calendar Order of 3rd Reading May 13, 2009 | |
| 2009-05-12 | Second Reading | |
| 2009-04-22 | Placed on Calendar Order of 2nd Reading April 23, 2009 | |
| 2009-04-22 | Do Pass Judiciary; 010-000-000 | |
| 2009-04-15 | Assigned to Judiciary | |
| 2009-03-26 | Referred to Assignments | |
| 2009-03-26 | First Reading | |
| 2009-03-25 | Chief Senate Sponsor Sen. Don Harmon | |
| 2009-03-25 | Placed on Calendar Order of First Reading March 26, 2009 | |
| 2009-03-25 | Arrive in Senate | |
| 2009-03-24 | Third Reading - Short Debate - Passed 114-000-000 | |
| 2009-03-24 | Placed on Calendar Order of 3rd Reading - Short Debate | |
| 2009-03-23 | Held on Calendar Order of Second Reading - Short Debate | |
| 2009-03-23 | Second Reading - Short Debate | |
| 2009-03-04 | Placed on Calendar 2nd Reading - Short Debate | |
| 2009-03-04 | Do Pass / Short Debate Judiciary I - Civil Law Committee; 017-000-000 | |
| 2009-02-23 | Assigned to Judiciary I - Civil Law Committee | |
| 2009-02-18 | Referred to Rules Committee | |
| 2009-02-18 | First Reading | |
| 2009-02-13 | Filed with the Clerk by Rep. JoAnn D. Osmond |
