SB178 Alabama 2019 Session

In Committee

Bill Summary

Sponsors

Rodger Smitherman

Session

Regular Session 2019

Title

Corporations, name of Alabama Limited Liability Company Law revised, duty of partner not to compete before dissolution of partnership, clarified, Secs. 10A-5A-1.01, 10A-8A-1.01, 10A-8A-4.11 am'd.

Description

<p class="bill_description"> This bill would make certain technical corrections regarding the name of the Alabama Limited Liability Company Law, the ability of a partnership to continue as an entity for a brief period of time under the law with one partner or no partners, and the duty of a partner in a general partnership to not compete with the partnership before the partnership is dissolved</p><p class="bill_entitled_an_act"> To amend Section 10A-5A-1.01, Code of Alabama 1975, and Sections 10A-8A-1.02 and 10A-8A-4.11, as added to the Code of Alabama 1975, by Act 2018-125 of the 2018 Regular Session, relating to business corporations; to make certain technical corrections regarding the name of the Alabama Limited Liability Company Law, the ability of a partnership to continue as an entity for a brief period of time under the law with one partner or no partners, and the duty of a partner in a general partnership to not compete with the partnership before the partnership is dissolved; and to provide for a retroactive effective date. </p>

Subjects

Corporations

Bill Actions

Action Date	Chamber	Action
May 23, 2019	S	Further Consideration
May 23, 2019	S	Smitherman motion to Carry Over adopted Voice Vote
May 23, 2019	S	Third Reading Carried Over
April 16, 2019	S	Read for the second time and placed on the calendar
April 2, 2019	S	Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development

Bill Calendar

Type	Date	Location	Description
Hearing	April 10, 2019	Room 825 - BILL ADDED at 10:00	Senate FRED Hearing
Hearing	April 10, 2019	Room 825 at 10:00	Senate FRED Hearing

Bill Text

Download SB178 Alabama 2019 Session PDF

Bill Documents