TallyIDAHOLegislative Tracker
S10912017 Regular Session

Amends existing law to remove provisions regarding the dissolution of a limited liability company.

LIMITED LIABILITY COMPANIES -- Amends existing law to remove provisions regarding the dissolution of a limited liability company.

LIMITED LIABILITY COMPANIES

STATEMENT OF PURPOSE

This legislation corrects a drafting error that occurred when section 30-25-701, Idaho Code was adopted in 2015. This section of Idaho's Limited Liability Company (LLC) statute relates to the dissolution of an LLC. The current statute includes language in both subsections (4) (B) and (4) (C) that should be included only in subsection (4) (C). As a consequence, the legislation strikes the duplicate and incorrect language in subsection (4) (B).

HOW THEY VOTED

house Chamber· Mar 13, 2017

House Third Reading

✓ Passed
70 Yea
0 Nay
Passed by 100 votes

LATEST ACTION

Session Law Chapter 100 Effective: 07/01/2017

BILL INFO

Session
2017
Chamber
senate
Status date
Mar 20, 2017

LINKS

View on Idaho Legislature ↗