MD HB342 | 2022 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 12 2022 - 100% progression
Action: 2022-05-12 - Approved by the Governor - Chapter 294
Text: Latest bill text (Chaptered) [PDF]

Summary

Authorizing the operating agreement of a limited liability company to provide for the transfer or assignment of an interest in the company to a certain person on the occurrence of certain events regardless of whether the person is a member; authorizing a member of a limited liability company to retain the member's noneconomic interest in the company on assignment of all of the member's economic interest in the company under certain circumstances; etc.

Tracking Information

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Title

Corporations and Associations - Limited Liability Companies and Partnerships - Operating Agreements and Partnership Agreements

Sponsors


Roll Calls

2022-04-09 - Senate - Third Reading Passed (Y: 43 N: 0 NV: 1 Abs: 3) [PASS]
2022-03-04 - House - Third Reading Passed (Y: 127 N: 0 NV: 4 Abs: 10) [PASS]

History

DateChamberAction
2022-05-12HouseApproved by the Governor - Chapter 294
2022-04-09HouseReturned Passed
2022-04-09SenateThird Reading Passed (43-0)
2022-04-08SenateFavorable Adopted Second Reading Passed
2022-04-08SenateFavorable Report by Judicial Proceedings
2022-03-07SenateReferred Judicial Proceedings
2022-03-04HouseThird Reading Passed (127-0)
2022-03-02HouseSecond Reading Passed with Amendments
2022-03-02HouseFavorable with Amendments {863027/1 Adopted
2022-03-01HouseFavorable with Amendments Report by Economic Matters
2022-02-21HouseHearing canceled
2022-02-21HouseHearing 2/23 at 12:00 p.m.
2022-01-24HouseHearing 2/09 at 1:00 p.m.
2022-01-19HouseFirst Reading Economic Matters

Same As/Similar To

SB261 (Crossfiled) 2022-05-12 - Approved by the Governor - Chapter 295

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Corporations and Associations10402(n/a)See Bill Text
Corporations and Associations10702(n/a)See Bill Text
Corporations and Associations4A101(n/a)See Bill Text
Corporations and Associations4A203(n/a)See Bill Text
Corporations and Associations4A402(n/a)See Bill Text
Corporations and Associations4A603(n/a)See Bill Text
Corporations and Associations4A606(n/a)See Bill Text
Corporations and Associations9A503(n/a)See Bill Text
Corporations and Associations9A601(n/a)See Bill Text
Estates and Trusts1401(n/a)See Bill Text

Maryland State Sources


Bill Comments

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