IL HB3725 | 2009-2010 | 96th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 25 2009 - 25% progression, died in committee
Action: 2009-04-03 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Limited Liability Company Act. Eliminates language stating that the specified Section provides the exclusive remedy by which a judgment creditor of a member or a transferee may satisfy a judgment out of the judgment debtor's distributional interest in a limited liability company. Effective immediately.

Tracking Information

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Title

LLCA-RIGHTS OF CREDITOR

Sponsors


History

DateChamberAction
2009-04-03 Rule 19(a) / Re-referred to Rules Committee
2009-04-01 Held on Calendar Order of Second Reading - Short Debate
2009-04-01 Second Reading - Short Debate
2009-03-11 Placed on Calendar 2nd Reading - Short Debate
2009-03-11 Do Pass / Short Debate Judiciary I - Civil Law Committee; 017-000-000
2009-03-03 Assigned to Judiciary I - Civil Law Committee
2009-02-25 Referred to Rules Committee
2009-02-25 First Reading
2009-02-25 Filed with the Clerk by Rep. Sidney H. Mathias

Illinois State Sources


Bill Comments

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