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Session 119 - (2011-2012)Printer Friendly
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H 5150 General Bill, By Harrell, Harrison, Sandifer, Lucas, Hardwick, Howard, Clemmons, Ott, Crawford, Bingham, Owens, White and Funderburk
Summary: Liability of members and managers of Limited Liability Companies
A BILL TO REENACT SECTION 33-44-303, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE LIABILITY OF MEMBERS AND MANAGERS OF LIMITED LIABILITY COMPANIES, AND TO EXPRESS THAT IT IS THE CLEAR AND UNAMBIGUOUS INTENT OF THE GENERAL ASSEMBLY TO SHIELD A MEMBER OF A LIMITED LIABILITY COMPANY FROM PERSONAL LIABILITY FOR ACTIONS TAKEN IN THE ORDINARY COURSE OF THE LIMITED LIABILITY COMPANY'S BUSINESS.
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Summary: Liability of members and managers of Limited Liability Companies
A BILL TO REENACT SECTION 33-44-303, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE LIABILITY OF MEMBERS AND MANAGERS OF LIMITED LIABILITY COMPANIES, AND TO EXPRESS THAT IT IS THE CLEAR AND UNAMBIGUOUS INTENT OF THE GENERAL ASSEMBLY TO SHIELD A MEMBER OF A LIMITED LIABILITY COMPANY FROM PERSONAL LIABILITY FOR ACTIONS TAKEN IN THE ORDINARY COURSE OF THE LIMITED LIABILITY COMPANY'S BUSINESS.
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04/19/12 | House | Introduced, read first time, placed on calendar without reference (House Journal-page 34) |
04/26/12 | House | Member(s) request name added as sponsor: Funderburk |
04/26/12 | House | Read second time (House Journal-page 117) |
04/26/12 | House | Roll call Yeas-96 Nays-0 (House Journal-page 117) |
04/26/12 | House | Unanimous consent for third reading on next legislative day (House Journal-page 118) |
04/27/12 | House | Read third time and returned to Senate with amendments (House Journal-page 3) |
05/01/12 | Senate | Introduced and read first time (Senate Journal-page 14) |
05/01/12 | Senate | Referred to Committee on Judiciary (Senate Journal-page 14) |
05/04/12 | Senate | Referred to Subcommittee: Campsen (ch), Hutto, Malloy, Campbell, Massey |
06/05/12 | Senate | Recalled from Committee on Judiciary (Senate Journal-page 8) |
06/06/12 | Senate | Read second time (Senate Journal-page 120) |