CS/HB 419 (2008) -  Business Entities

General Bill by Jobs & Entrepreneurship Council and Simmons (CO-SPONSORS) Galvano
Business Entities: Exempts specified corporations, limited liability companies, corporations not for profit, & partnerships from requirements to file articles of merger or certificates of conversion under specified circumstances; requires converting entities to file certificates of conversion or partnership registration with DOS; provides for copy of articles of merger or certificate of merger to be filed in each county in which real property of party to merger is situated; revises requirements for general partners with respect to exercising management rights; requires consent of all other limited partners for expulsion of limited partner; requires certificates of conversion to be signed by each general partner & by converting organization; provides exceptions to requirement that domestic constituent limited partnerships file articles of merger or certificate of merger with DOS; changes date of application of provisions authorizing limited partner to dissociate from limited partnership; requires registration statement to be filed with DOS before filing certificate of conversion or certificate of merger; applies filing fee to certificates of merger; provides that term "organization" includes converted or surviving organization; revises requirements for conversions; provides that certificate of conversion acts as cancellation of registration statement for converting partnership; revises limitations on qualifications to render professional services; revises limitations on disqualifications to render professional services; deletes limitations on mergers between domestic & foreign professional corporations & limited liability companies; provides for disposition of residue moneys after payment of specified creditors' claims.
Effective Date: June 17, 2008, except as otherwise provided
Last Event: 06/17/08 Approved by Governor; Chapter No. 2008-187 on Tuesday, June 17, 2008 3:32 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/SB 698 Subject: Business Entities [EPCC] Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Jobs & Entrepreneurship Council 4/15/2008 10:36:17 AM
Chamber: House Committee: Jobs & Entrepreneurship Council 3/28/2008 1:22:32 PM
Chamber: House Committee: Committee on Business Regulation 3/17/2008 9:20:03 AM
Chamber: House Committee: Committee on Business Regulation 3/12/2008 12:49:38 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 04/18/2008 02:06 PM   Yeas: 41 Nays: 71 Action: Motion Action 2: Vote Detail: Vote [Seq# 774] Barcode:
Chamber: House Date: 04/18/2008 02:35 PM   Yeas: 112 Nays: 0 Action: Passage Action 2: Vote Detail: Vote [Seq# 775] Barcode:
Chamber: Senate Date: 04/28/2008 03:20 PM   Yeas: 36 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 6] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Approved by Governor; Chapter No. 2008-187 Time: 06/17/2008 - 3:32 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/11/2008 - 12:13 PM Member: Committee: Version: er
Event: H Ordered enrolled Time: 04/28/2008 - 3:52 PM Member: Committee: Version: c1
Event: H In Messages Time: 04/28/2008 - 3:52 PM Member: Committee: Version: c1
Event: S CS passed; YEAS 36 NAYS 0 -SJ 00865 Time: 04/28/2008 - 3:19 PM Member: Committee: Version: er
Event: S Read 3rd time -SJ 00865 Time: 04/28/2008 - 3:19 PM Member: Committee: Version: er
Event: S Read 2nd time -SJ 00837 Time: 04/25/2008 - 11:07 AM Member: Committee: Version: er
Event: S Substituted for CS/SB 698 -SJ 00837 Time: 04/25/2008 - 11:07 AM Member: Committee: Version: er
Event: S Withdrawn from Commerce; Judiciary; Finance and Tax; Transportation and Economic Development Appropriations -SJ 00837 Time: 04/25/2008 - 11:07 AM Member: Committee: Version: er
Event: S Received, referred to Commerce; Judiciary; Finance and Tax; Transportation and Economic Development Appropriations -SJ 00824 Time: 04/24/2008 - 8:32 AM Member: Committee: Version: er
Event: S In Messages Time: 04/22/2008 - 4:32 PM Member: Committee: Version: er
Event: H Message sent to senate Time: 04/22/2008 - 4:20 PM Member: Committee: Version: c1
Event: H Passage on third reading Time: 04/18/2008 - 2:35 PM Member: Committee: Version: c1
Event: H CS passed; YEAS 112, NAYS 0 Time: 04/18/2008 - 2:35 PM Member: Committee: Version: c1
Event: H Read 3rd time Time: 04/18/2008 - 2:07 PM Member: Committee: Version: c1
Event: H Added to Third Reading Calendar Time: 04/16/2008 - 7:30 PM Member: Committee: Version: c1
Event: H Amendment 617473 withdrawn Time: 04/16/2008 - 4:55 PM Member: Committee: Version: c1
Event: H Read 2nd time Time: 04/16/2008 - 4:55 PM Member: Committee: Version: c1
Event: H Amendment 617473 filed Time: 04/15/2008 - 12:15 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/16/2008) Time: 04/14/2008 - 10:04 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 03/28/2008 - 7:36 PM Member: Committee: Version: c1
Event: H 1st Reading Time: 03/28/2008 - 7:36 PM Member: Committee: Version: c1
Event: H Bill referred to House Calendar Time: 03/28/2008 - 4:13 PM Member: Committee: Version: c1
Event: H CS Filed Time: 03/28/2008 - 1:28 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19 Time: 03/28/2008 - 1:28 PM Member: Committee: Version: __
Event: H Reported out of Jobs & Entrepreneurship Council Time: 03/28/2008 - 1:20 PM Member: Committee: Jobs & Entrepreneurship Council Version: __
Event: H Favorable with CS by Jobs & Entrepreneurship Council Time: 03/27/2008 - 12:00 PM Member: Committee: Jobs & Entrepreneurship Council Version: __
Event: H Added to Jobs & Entrepreneurship Council agenda Time: 03/25/2008 - 4:22 PM Member: Committee: Jobs & Entrepreneurship Council Version: __
Event: H Now in Jobs & Entrepreneurship Council Time: 03/13/2008 - 12:23 PM Member: Committee: Jobs & Entrepreneurship Council Version: __
Event: H Reported out of Committee on Business Regulation Time: 03/13/2008 - 12:23 PM Member: Committee: Committee on Business Regulation Version: __
Event: H Favorable with amendment(s) by Committee on Business Regulation Time: 03/13/2008 - 10:45 AM Member: Committee: Committee on Business Regulation Version: __
Event: H Added to Committee on Business Regulation agenda Time: 03/11/2008 - 4:25 PM Member: Committee: Committee on Business Regulation Version: __
Event: H 1st Reading Time: 03/04/2008 - 10:58 PM Member: Committee: Version: __
Event: H Now in Committee on Business Regulation Time: 03/03/2008 - 5:53 PM Member: Committee: Committee on Business Regulation Version: __
Event: H Referred to Committee on Business Regulation by Jobs & Entrepreneurship Council Time: 03/03/2008 - 5:53 PM Member: Committee: Committee on Business Regulation Version: __
Event: H Now in Jobs & Entrepreneurship Council Time: 01/10/2008 - 7:38 PM Member: Committee: Jobs & Entrepreneurship Council Version: __
Event: H Referred to Policy & Budget Council Time: 01/10/2008 - 7:38 PM Member: Committee: Policy & Budget Council Version: __
Event: H Referred to Jobs & Entrepreneurship Council Time: 01/10/2008 - 7:38 PM Member: Committee: Jobs & Entrepreneurship Council Version: __
Event: H Filed Time: 12/21/2007 - 11:04 AM Member: Simmons Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
607.1109
607.1113
607.1115
608.4382
608.439
608.4403
617.1108
620.1406
620.2104
620.2108
620.2204
620.8101
620.8105
620.81055
620.8911
620.8914
620.8918
621.06
621.10
621.13
727.114