SB133 Alabama 2018 Session
Summary
- Primary Sponsor
-
Arthur Orr SenatorRepublican - Session
- Regular Session 2018
- Title
- Alabama Partnership Act, repealed and replaced, procedures for formation and dissolution, conforming changes, Secs. 10A-1-5.10, 10A-1-9.01 added; Secs. 10A-1-5.07, 10A-1-7.33, 10A-8-1.01 to 10A-8-11.04, inclusive, repealed; numerous sections of Title 10A, am'd.
- Description
Under existing law, the Alabama Partnership Act governs the formation, powers, governance, and dissolution of partnerships in the state.
This bill would revise the Alabama Partnership Act and would specify that the procedures for formation, powers, governance, and dissolution are applicable to limited liability limited partnerships, limited liability partnerships, foreign limited liability limited partnerships, and foreign limited liability partnerships that function in the state. This bill would make conforming changes elsewhere in the business entities law.
- Subjects
- Business Entities
Bill Actions
Judiciary first Amendment Offered
Pending third reading on day 9 Favorable from Judiciary with 1 amendment
Read for the second time and placed on the calendar 1 amendment
Read for the first time and referred to the Senate committee on Judiciary
Bill Text
Documents
Source: Alabama Legislature