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SB 888

EnactedCrossfile HB 983
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Corporations and Associations - Limited Liability Companies and Partnerships - Series - Conversion

Sponsor: Chris West (District 42)Committee: Judicial ProceedingsSubject: Corporations and AssociationsStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 401 (as of Nov 6, 2020)

What this bill does

Official synopsis

Providing that, under certain circumstances, the personal representative or guardian of the last remaining member of a limited liability company shall automatically be admitted as a new member, unless a certain action is taken; authorizing certain persons to wind up the affairs of a limited liability company under certain circumstances; authorizing a court to wind up the affairs of a limited liability company on the application of certain persons under certain circumstances; etc.

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Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.

Testimony (3)

MGA witness list
FAV 3Favorable
PositionWitnessOrganizationTestimony
FAVAbel, KenMSBA Business Law SectionOral + Written (PDF)
FAVSDAT, State Department of Assessments and TaxationSDATWritten (PDF)
FAVSenator West, Senator WestlegislatorIndividualOral + Written (PDF)

Organizations on record