Bill Status of HB 1336   96th General Assembly


Short Description:  LLCA-MEMBER MANAGER AUTHORITY

House Sponsors
Rep. JoAnn D. Osmond

Senate Sponsors
(Sen. Don Harmon)


Last Action  View All Actions

DateChamber Action
  8/11/2009HousePublic Act . . . . . . . . . 96-0263

Statutes Amended In Order of Appearance
805 ILCS 180/15-3

Synopsis As Introduced
Amends the Limited Liability Corporation Act. Provides that in a manager-managed company a member is held to specified standards of conduct to the extent that the member exercises the managerial authority vested in a manager by this Act (rather than a member who pursuant to the operating agreement exercises some or all of the authority of a manager in the management and conduct of the company's business is held to specified standards of conduct to the extent that the member exercises the managerial authority vested in a manager by this Act).

Actions 
DateChamber Action
  2/13/2009HouseFiled with the Clerk by Rep. JoAnn D. Osmond
  2/18/2009HouseFirst Reading
  2/18/2009HouseReferred to Rules Committee
  2/23/2009HouseAssigned to Judiciary I - Civil Law Committee
  3/4/2009HouseDo Pass / Short Debate Judiciary I - Civil Law Committee; 017-000-000
  3/4/2009HousePlaced on Calendar 2nd Reading - Short Debate
  3/23/2009HouseSecond Reading - Short Debate
  3/23/2009HouseHeld on Calendar Order of Second Reading - Short Debate
  3/24/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/24/2009HouseThird Reading - Short Debate - Passed 114-000-000
  3/25/2009SenateArrive in Senate
  3/25/2009SenatePlaced on Calendar Order of First Reading March 26, 2009
  3/25/2009SenateChief Senate Sponsor Sen. Don Harmon
  3/26/2009SenateFirst Reading
  3/26/2009SenateReferred to Assignments
  4/15/2009SenateAssigned to Judiciary
  4/22/2009SenateDo Pass Judiciary; 010-000-000
  4/22/2009SenatePlaced on Calendar Order of 2nd Reading April 23, 2009
  5/12/2009SenateSecond Reading
  5/12/2009SenatePlaced on Calendar Order of 3rd Reading May 13, 2009
  5/14/2009SenateThird Reading - Passed; 056-000-000
  5/14/2009HousePassed Both Houses
  6/12/2009HouseSent to the Governor
  8/11/2009HouseGovernor Approved
  8/11/2009HouseEffective Date January 1, 2010
  8/11/2009HousePublic Act . . . . . . . . . 96-0263

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