MS SB2322 | 2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 19 2014 - 100% progression
Action: 2014-03-19 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

Summary

An Act To Create The Mississippi Entity Conversion And Domestication Act; To Create New Section 79-37-101, Mississippi Code Of 1972, To Set Forth A Short Title; To Create New Section 79-37-102, Mississippi Code Of 1972, To Enact Definitions; To Create New Section 79-37-103, Mississippi Code Of 1972, To Specify The Relationship Of The Act To Other Laws; To Create New Section 79-37-104, Mississippi Code Of 1972, To Specify When Notice Or Approval Is Required; To Create New Section 79-37-105, Mississippi Code Of 1972, To Provide For Filing Status; To Create New Section 79-37-106, Mississippi Code Of 1972, To Provide That The Act Is Not Exclusive; To Create New Section 79-37-107, Mississippi Code Of 1972, To Provide That A Plan May Refer To Ascertainable Outside Facts; To Create New Section 79-37-108, Mississippi Code Of 1972, To Provide For Alternative Means Of Approval Of Transactions; To Create New Section 79-37-109, Mississippi Code Of 1972, To Outline Appraisal Rights; To Create New Section 79-37-110, Mississippi Code Of 1972, To Be Reserved For Future Enactment; To Create New Section 79-37-111, Mississippi Code Of 1972, To Set Forth Requirements For Documents; To Create New Section 79-37-112, Mississippi Code Of 1972, To Set Fees; To Create New Section 79-37-113, Mississippi Code Of 1972, To Provide The Effective Date Of Documents; To Create New Section 79-37-114, Mississippi Code Of 1972, To Allow For Corrections To A Filed Document; To Create New Section 79-37-115, Mississippi Code Of 1972, To Set Forth The Filing Duty Of The Secretary Of State; To Create New Section 79-37-116, Mississippi Code Of 1972, To Provide For Appeal Of The Secretary's Refusal To File A Document; To Create New Section 79-37-117, Mississippi Code Of 1972, To Provide For The Evidentiary Effect Of A Filed Copy; To Create New Section 79-37-118, Mississippi Code Of 1972, To Provide For The Penalty For Signing A False Document; To Create New Section 79-37-119, Mississippi Code Of 1972, To Grant To The Secretary Of State Powers Reasonably Necessary To Enforce The Act; To Create New Section 79-37-401, Mississippi Code Of 1972, To Authorize Conversion Of Entities To A Different Form; To Create New Section 79-37-402, Mississippi Code Of 1972, To Set Forth Requirements For A Plan Of Conversion; To Create New Section 79-37-403, Mississippi Code Of 1972, To Require Approval Of A Plan Of Conversion; To Create New Section 79-37-404, Mississippi Code Of 1972, To Allow Amendment Or Abandonment Of A Plan Of Conversion; To Create New Section 79-37-405, Mississippi Code Of 1972, To Set Forth The Requirements For A Valid Statement Of Conversion; To Create New Section 79-37-406, Mississippi Code Of 1972, To Provide For The Effect Of A Conversion; To Create New Section 79-37-501, Mississippi Code Of 1972, To Authorize Domestication Of A Foreign Entity; To Create New Section 79-37-502, Mississippi Code Of 1972, To Set Forth Requirements For A Plan Of Domestication; To Create New Section 79-37-503, Mississippi Code Of 1972, To Require Approval Of A Plan Of Domestication; To Create New Section 79-37-504, Mississippi Code Of 1972, To Allow Amendment Or Abandonment Of A Plan Of Domestication; To Create New Section 79-37-505, Mississippi Code Of 1972, To Set Forth The Requirements For A Valid Statement Of Domestication; To Create New Section 79-37-506, Mississippi Code Of 1972, To Provide For The Effect Of A Domestication; To Create New Section 79-37-601, Mississippi Code Of 1972, To Promote Consistency Of The Law With Regard To Other States Enacting Such An Act; To Create New Section 79-37-602, Mississippi Code Of 1972, To Provide For The Relationship Of This Act To The Electronic Signatures In Global And National Commerce Act; To Create New Section 79-37-603, Mississippi Code Of 1972, To Create A Savings Clause; To Create Section 79-37-604, Mississippi Code Of 1972, To Create A Separate Severability Clause; To Amend Section 79-4-13.02, Mississippi Code Of 1972, To Conform The Business Corporation Act; To Amend Sections 79-13-101, 79-13-401, 79-13-502 And 79-13-908, Mississippi Code Of 1972, To Conform The Uniform Partnership Act; To Amend Sections 79-14-101, 79-14-105, 79-14-201, 79-14-202, 79-14-204 And 79-14-701, Mississippi Code Of 1972, To Conform The Uniform Limited Partnership Act; To Amend Section 79-29-123, Mississippi Code Of 1972, To Conform The Limited Liability Company Act; To Repeal Section 79-13-902, Mississippi Code Of 1972, Which Provides For Conversion Of A Partnership To A Limited Partnership; To Repeal Section 79-13-903, Mississippi Code Of 1972, Which Is Reserved For Future Enactment; To Repeal Section 79-13-904, Mississippi Code Of 1972, Which Provides For The Effect Of A Conversion; And For Related Purposes.

Tracking Information

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Title

Mississippi Entity Conversion and Domestication Act; create.

Sponsors


Roll Calls

2014-03-04 - House - House Passed (Y: 118 N: 0 NV: 4 Abs: 0) [PASS]
2014-02-05 - Senate - Senate Passed (Y: 51 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2014-03-19 Approved by Governor
2014-03-13HouseEnrolled Bill Signed
2014-03-13SenateEnrolled Bill Signed
2014-03-05HouseReturned For Enrolling
2014-03-04HousePassed
2014-02-25HouseTitle Suff Do Pass
2014-02-15HouseReferred To Judiciary A
2014-02-06SenateTransmitted To House
2014-02-05SenatePassed
2014-01-30SenateTitle Suff Do Pass
2014-01-28SenateDR - TSDP: JA To AC
2014-01-17SenateReferred To Judiciary, Division A;Accountability, Efficiency, Transparency

Mississippi State Sources


Bill Comments

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