CS/HB 253 (2011) - Limited Liability Companies

General Bill by Civil Justice Subcommittee and Stargel and McBurney (CO-SPONSORS) Passidomo; Schwartz; Snyder; Steube

Limited Liability Companies: Provides that charging order against member's limited liability interest is sole & exclusive remedy available to enforce judgment creditor's unsatisfied judgment against member or member's assignee with respect to limited liability company; provides exception for enforcing judgment creditor's unsatisfied judgment against judgment debtor or assignee of judgment debtor of single-member limited liability company under certain circumstances; provides that, in case of multimember limited liability company, certain remedies are unavailable to judgment creditor attempting to satisfy judgment; prohibits court from ordering such remedies; provides construction relating to secured creditor rights, specified principles of law and equity, and continuing enforcement jurisdiction of court; provides legislative intent; provides for retroactive application.

Effective Date: May 31, 2011

Last Event: 05/31/11 Chapter No. 2011-77 on Tuesday, May 31, 2011 7:44 PM

Date Available for Final Passage: Tuesday, April 19, 2011 2:35 PM

Referred Committees and Committee Actions

House Referrals

Civil Justice Subcommittee
- On agenda for: 02/09/11 1:00 PM
  View Notice Meeting Packets Action Packets
- Favorable With Committee Substitute (final action) See Votes
Judiciary Committee
- On agenda for: 03/17/11 9:00 AM
  View Notice Meeting Packets Action Packets
- Favorable (final action) See Votes

Related Bills

Bill #	Subject	Relationship
Bill #: CS/SB 1152	Subject: Limited Liability Companies	Relationship: Similar

Bill Text

Enrolled
Engrossed 1
Committee Substitute 1
- A 044831 , Stargel Date Filed: 04/14/11, Line#: 117 House: Adopted 04/15/2011 02:33 PM
- A 312949 , Stargel Date Filed: 04/14/11, Line#: 123 House: Adopted 04/15/2011 02:35 PM
Original Filed Version

Staff Analysis

Chamber	Committee
Chamber: House	Committee: Final Bill Analysis 6/27/2011 3:53:24 PM
Chamber: House	Committee: Judiciary Committee 3/17/2011 11:32:34 AM
Chamber: House	Committee: Judiciary Committee 3/16/2011 10:12:57 AM
Chamber: House	Committee: Civil Justice Subcommittee 2/17/2011 5:15:19 PM
Chamber: House	Committee: Civil Justice Subcommittee 2/15/2011 1:33:35 PM
Chamber: House	Committee: Civil Justice Subcommittee 2/4/2011 12:15:35 PM

Vote History

Chamber	Date	Yeas	Nays	Action	Action 2	Vote Detail	Barcode
Chamber: House	Date: 04/15/2011 02:37 PM	Yeas: 112	Nays: 1	Action: Passage	Action 2:	Vote Detail: Vote [Seq# 215]	Barcode:
Chamber: Senate	Date: 04/29/2011 10:52 AM	Yeas: 39	Nays: 0	Action:	Action 2:	Vote Detail: Vote [Seq# 34]	Barcode:

Bill History

Event	Time	Member	Committee	Ver.
Event: Chapter No. 2011-77	Time: 05/31/2011 - 7:44 PM	Member:	Committee:	Version: er
Event: Approved by Governor	Time: 05/31/2011 - 4:55 PM	Member:	Committee:	Version: er
Event: Signed by Officers and presented to Governor	Time: 05/25/2011 - 8:13 AM	Member:	Committee:	Version: er
Event: H Ordered enrolled	Time: 05/02/2011 - 7:22 PM	Member:	Committee:	Version: e1
Event: H In Messages	Time: 05/02/2011 - 7:22 PM	Member:	Committee:	Version: e1
Event: S CS passed; YEAS 39 NAYS 0 -SJ 600	Time: 04/29/2011 - 10:53 AM	Member:	Committee:	Version: e1
Event: S Read 3rd time -SJ 600	Time: 04/29/2011 - 10:53 AM	Member:	Committee:	Version: e1
Event: S Read 2nd time -SJ 600	Time: 04/29/2011 - 10:52 AM	Member:	Committee:	Version: e1
Event: S Substituted for CS/SB 1152 -SJ 600	Time: 04/29/2011 - 10:52 AM	Member:	Committee:	Version: e1
Event: S Placed on Calendar, on 2nd reading	Time: 04/29/2011 - 10:52 AM	Member:	Committee:	Version: e1
Event: S Withdrawn from Commerce and Tourism; Judiciary; Banking and Insurance -SJ 600	Time: 04/29/2011 - 10:52 AM	Member:	Committee:	Version: e1
Event: S Received -SJ 578	Time: 04/29/2011 - 8:28 AM	Member:	Committee:	Version: e1
Event: S Referred to Commerce and Tourism; Judiciary; Banking and Insurance -SJ 578	Time: 04/27/2011 - 8:49 PM	Member:	Committee:	Version: e1
Event: S In Messages	Time: 04/20/2011 - 11:35 PM	Member:	Committee:	Version: e1
Event: H Message sent to senate	Time: 04/20/2011 - 10:57 PM	Member:	Committee:	Version: e1
Event: H CS passed as amended; YEAS 112, NAYS 1	Time: 04/15/2011 - 2:37 PM	Member:	Committee:	Version: c1
Event: H Passage on third reading	Time: 04/15/2011 - 2:37 PM	Member:	Committee:	Version: c1
Event: H Amendment 312949 adopted	Time: 04/15/2011 - 2:35 PM	Member:	Committee:	Version: c1
Event: H Amendment 044831 adopted	Time: 04/15/2011 - 2:33 PM	Member:	Committee:	Version: c1
Event: H Read 3rd time	Time: 04/15/2011 - 2:31 PM	Member:	Committee:	Version: c1
Event: H Amendment 312949 filed	Time: 04/14/2011 - 6:06 PM	Member:	Committee:	Version: c1
Event: H Amendment 044831 filed	Time: 04/14/2011 - 6:05 PM	Member:	Committee:	Version: c1
Event: H Added to Third Reading Calendar	Time: 04/14/2011 - 5:46 PM	Member:	Committee:	Version: c1
Event: H Read 2nd time	Time: 04/14/2011 - 4:02 PM	Member:	Committee:	Version: c1
Event: H Bill added to Special Order Calendar (4/14/2011)	Time: 04/11/2011 - 6:12 PM	Member:	Committee:	Version: c1
Event: H Added to Second Reading Calendar	Time: 03/17/2011 - 11:33 AM	Member:	Committee:	Version: c1
Event: H Bill released to House Calendar	Time: 03/17/2011 - 11:33 AM	Member:	Committee:	Version: c1
Event: H Reported out of Judiciary Committee	Time: 03/17/2011 - 11:33 AM	Member:	Committee: Judiciary Committee	Version: c1
Event: H Favorable by Judiciary Committee	Time: 03/17/2011 - 10:28 AM	Member:	Committee: Judiciary Committee	Version: c1
Event: H Added to Judiciary Committee agenda	Time: 03/15/2011 - 4:12 PM	Member:	Committee: Judiciary Committee	Version: c1
Event: H 1st Reading	Time: 03/08/2011 - 10:24 PM	Member:	Committee:	Version: c1
Event: H 1st Reading	Time: 03/08/2011 - 10:24 PM	Member:	Committee:	Version: __
Event: H Now in Judiciary Committee	Time: 02/17/2011 - 11:25 AM	Member:	Committee: Judiciary Committee	Version: c1
Event: H Referred to Judiciary Committee	Time: 02/17/2011 - 11:25 AM	Member:	Committee: Judiciary Committee	Version: c1
Event: H CS Filed	Time: 02/15/2011 - 1:51 PM	Member:	Committee:	Version: c1
Event: H Laid on Table under Rule 7.19(a)	Time: 02/15/2011 - 1:51 PM	Member:	Committee:	Version: __
Event: H Reported out of Civil Justice Subcommittee	Time: 02/15/2011 - 1:34 PM	Member:	Committee: Civil Justice Subcommittee	Version: __
Event: H Favorable with CS by Civil Justice Subcommittee	Time: 02/09/2011 - 4:00 PM	Member:	Committee: Civil Justice Subcommittee	Version: __
Event: H Added to Civil Justice Subcommittee agenda	Time: 02/02/2011 - 4:20 PM	Member:	Committee: Civil Justice Subcommittee	Version: __
Event: H Now in Civil Justice Subcommittee	Time: 02/01/2011 - 3:27 PM	Member:	Committee: Civil Justice Subcommittee	Version: __
Event: H Referred to Judiciary Committee	Time: 02/01/2011 - 3:27 PM	Member:	Committee: Judiciary Committee	Version: __
Event: H Referred to Civil Justice Subcommittee	Time: 02/01/2011 - 3:27 PM	Member:	Committee: Civil Justice Subcommittee	Version: __
Event: H Filed	Time: 01/18/2011 - 3:05 PM	Member: Stargel	Committee:	Version: __