Senate Bill 2322

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.

In the Senate

• Sally Doty

  Sponsor

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

In the Senate Jan 17 – Feb 5

1. Jan 17Referred to the Senate committees on Judiciary, Division A and on Accountability, Efficiency, Transparency
2. Jan 28Reported from JA to AC in the Senate: title sufficient, do pass
3. Jan 30Reported from committee in the Senate: title sufficient, do pass
4. Feb 5Passed the Senate

In the House of Representatives Feb 6 – Mar 4

1. Feb 6Sent to the House
2. Feb 15Referred to the House committee on Judiciary A
3. Feb 25Reported from committee in the House: title sufficient, do pass
4. Mar 4Passed the House

To the Governor Mar 5 – Mar 19

1. Mar 5Returned to the Senate for enrolling
2. Mar 13Enrolled bill signed in the Senate
3. Enrolled bill signed in the House
4. Mar 19Approved by the Governor