l9n/ Mississippi

2010 Regular Session

House Bill 683

Limited liability companies; require annual reports and revise fees.

Became law as Chapter 532, Laws of 2010, signed April 16, 2010, 93 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO CREATE THE REVISED MISSISSIPPI LIMITED LIABILITY COMPANY ACT; TO MAKE CERTAIN GENERAL PROVISIONS, ENACT DEFINITIONS, PLACE CERTAIN RESTRICTIONS UPON NAMES ALLOWABLE FOR A LIMITED LIABILITY COMPANY AND PROVIDE FOR REGISTERED AGENTS FOR SERVICE; TO PROVIDE DEFAULT PROVISIONS FOR CHOICE OF LAW AND OTHER MATTERS; TO PROVIDE FOR FORMATION OF A LIMITED LIABILITY COMPANY AND THE CERTIFICATE OF FORMATION; TO PROVIDE FOR ANNUAL REPORTS; TO PROVIDE FOR MERGER, DISSOLUTION AND DISPOSAL OF ASSETS; TO MAKE PROVISIONS CONCERNING MEMBERS OF THE LIMITED LIABILITY COMPANY AND VOTING RIGHTS OF MEMBERS; TO PROVIDE FOR THE MANAGEMENT OF A LIMITED LIABILITY COMPANY; TO PROVIDE FOR THE CONTRIBUTIONS TO AND SHARING OF LOSSES AND PROFITS FROM A LIMITED LIABILITY COMPANY; TO MAKE PROVISIONS FOR DISTRIBUTIONS BY THE LIMITED LIABILITY COMPANY TO ITS MEMBERS; TO PROVIDE FOR THE ASSIGNMENT OF FINANCIAL INTERESTS; TO MAKE CERTAIN PROVISIONS IN THE EVENT OF DISSOLUTION AND PROVIDE FOR WINDING-UP; TO PROVIDE FOR ADMINISTRATIVE DISSOLUTION BY THE SECRETARY OF STATE UNDER CERTAIN CIRCUMSTANCES; TO MAKE PROVISION AND ENACT CERTAIN RESTRICTIONS FOR PROFESSIONAL LIMITED LIABILITY COMPANIES; TO PROVIDE FOR FOREIGN LIMITED LIABILITY COMPANIES, REQUIRE REGISTRATION THEREOF, AND PROVIDE FOR ADMINISTRATIVE REVOCATION OF REGISTRATION UNDER CERTAIN CIRCUMSTANCES; TO PROVIDE FOR DERIVATIVE ACTIONS; TO ENACT RULES OF CONSTRUCTION, IMPOSE CERTAIN FEES, AND MAKE OTHER MISCELLANEOUS PROVISIONS; TO MAKE TRANSITION PROVISIONS; TO CREATE THE "ELECTIONS SUPPORT FUND" AND PROVIDE FOR THE ALLOCATION OF THE MONIES DEPOSITED THEREIN; TO REPEAL SECTIONS 79-29-101 THROUGH 79-29-1204, MISSISSIPPI CODE OF 1972, WHICH COMPRISE THE MISSISSIPPI LIMITED LIABILITY COMPANY ACT; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

2 co-sponsors

Cecil Brown, Bill Denny

Its course

January 13 to April 16, 2010, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action42 actions on 21 days

In the House of RepresentativesJan 13 to Feb 1028 days

Apportionment and ElectionsJan 13 to Jan 2613 days

Judiciary AJan 26 to Jan 293 days

Apportionment and ElectionsJan 29 to Jan 290 days

In the SenateFeb 10 to Mar 1028 days

ElectionsFeb 16 to Feb 248 days

Judiciary, Division AFeb 24 to Feb 251 day

ElectionsFeb 25 to Mar 14 days

Back in the House of RepresentativesMar 10 to Apr 728 days

With the GovernorApr 7 to Apr 169 days

Amendments

Each amendment offered, and what became of it.

  • House of Representatives floor amendmentAdopted

    Adopted Feb 10

  • Senate committee amendmentAdopted

    Adopted Mar 9

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the House of Representatives Jan 13 – Feb 10

  1. Jan 13Referred to the House committees on Apportionment and Elections and on Judiciary A
  2. Jan 26Reported as a committee substitute from AE to JA in the House: title sufficient, do pass
  3. Jan 29Reported as a committee substitute from JA to AE in the House: title sufficient, do pass
  4. Reported from committee in the House: title sufficient, do pass as a committee substitute
  5. Feb 10Committee substitute adopted in the House
  6. Amended in the House
  7. Passed the House as amended

In the Senate Feb 15 – Mar 10

  1. Feb 15Sent to the Senate
  2. Feb 16Referred to the Senate committees on Elections and on Judiciary, Division A
  3. Feb 24Reported as amended from EL to JA in the Senate: title sufficient, do pass
  4. Feb 25Reported as amended from JA to EL in the Senate: title sufficient, do pass
  5. Mar 1Reported from committee in the Senate: title sufficient, do pass as amended
  6. Mar 9Amended in the Senate
  7. Failed in the Senate
  8. Motion in the Senate to reconsider entered
  9. Mar 10Reconsidered in the Senate
  10. Passed the Senate as amended

Back in the House of Representatives Mar 12 – Apr 7

  1. Mar 12Returned to the House to concur in the Senate's amendments
  2. Mar 16Declined in the House to concur, and invited a conference
  3. Mar 17Conferees named in the House: Reynolds, Wooten and Blackmon
  4. Mar 22Conferees named in the Senate: Burton, Fillingane and Dickerson
  5. Mar 24Conference report filed in the Senate
  6. Conference report filed in the House
  7. Mar 25Conference report adopted in the House
  8. Motion in the House to reconsider entered
  9. Reconsidered in the House
  10. Recommitted in the House to the conferees for further conference
  11. Recommitted in the Senate to the conferees for further conference
  12. Conference report filed in the Senate
  13. Conference report filed in the House
  14. Mar 26Conference report adopted in the House
  15. Recommitted in the Senate to the conferees for further conference
  16. Motion in the House to reconsider entered
  17. Reconsidered in the House
  18. Recommitted in the House to the conferees for further conference
  19. Conference report filed in the Senate
  20. Conference report filed in the House
  21. Conference report adopted in the House
  22. Conference report adopted in the Senate
  23. Apr 7Enrolled bill signed in the House

To the Governor Apr 12 – Apr 16

  1. Apr 12Enrolled bill signed in the Senate
  2. Apr 16Approved by the Governor
All 42 actions, as published
  1. Jan 13Referred To Apportionment and Elections;Judiciary AHouse of Representatives
  2. Jan 26DR - TSDPCS: AE To JAHouse of Representatives
  3. Jan 29DR - TSDPCS: JA To AEHouse of Representatives
  4. Jan 29Title Suff Do Pass Comm SubHouse of Representatives
  5. Feb 10Committee Substitute AdoptedHouse of Representatives
  6. Feb 10AmendedHouse of Representatives
  7. Feb 10Passed As AmendedHouse of Representatives
  8. Feb 15Transmitted To SenateHouse of Representatives
  9. Feb 16Referred To Elections;Judiciary, Division ASenate
  10. Feb 24DR - TSDPAA: EL To JASenate
  11. Feb 25DR - TSDPAA: JA To ELSenate
  12. Mar 1Title Suff Do Pass As AmendedSenate
  13. Mar 9AmendedSenate
  14. Mar 9FailedSenate
  15. Mar 9Motion to Reconsider EnteredSenate
  16. Mar 10ReconsideredSenate
  17. Mar 10Passed As AmendedSenate
  18. Mar 12Returned For ConcurrenceSenate
  19. Mar 16Decline to Concur/Invite ConfHouse of Representatives
  20. Mar 17Conferees Named Reynolds,Wooten,BlackmonHouse of Representatives
  21. Mar 22Conferees Named Burton,Fillingane,DickersonSenate
  22. Mar 24Conference Report FiledSenate
  23. Mar 24Conference Report FiledHouse of Representatives
  24. Mar 25Conference Report AdoptedHouse of Representatives
  25. Mar 25Motion to Reconsider EnteredHouse of Representatives
  26. Mar 25ReconsideredHouse of Representatives
  27. Mar 25Recommitted For Further ConfHouse of Representatives
  28. Mar 25Recommitted For Further ConfSenate
  29. Mar 25Conference Report FiledSenate
  30. Mar 25Conference Report FiledHouse of Representatives
  31. Mar 26Conference Report AdoptedHouse of Representatives
  32. Mar 26Recommitted For Further ConfSenate
  33. Mar 26Motion to Reconsider EnteredHouse of Representatives
  34. Mar 26ReconsideredHouse of Representatives
  35. Mar 26Recommitted For Further ConfHouse of Representatives
  36. Mar 26Conference Report FiledSenate
  37. Mar 26Conference Report FiledHouse of Representatives
  38. Mar 26Conference Report AdoptedHouse of Representatives
  39. Mar 26Conference Report AdoptedSenate
  40. Apr 7Enrolled Bill SignedHouse of Representatives
  41. Apr 12Enrolled Bill SignedSenate
  42. Apr 16Approved by GovernorGovernor