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ND HCR3011
Concurrent Resolution
Status
4/4/2011
Primary Sponsor
Lawrence Klemin
Click for details
AI Summary
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Directs the Legislative Management to continue studying the feasibility and desirability of adopting the Revised Uniform Limited Liability Company Act during the 2011-12 interim.
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The Revised Uniform Limited Liability Company Act was approved and recommended by the National Conference of Commissioners on Uniform State Laws in 2006.
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An interim Judiciary Committee previously studied the Act during 2009-10 and identified implementation concerns that the National Conference was addressing, with final revisions scheduled for summer 2011.
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The interim Judiciary Committee recommended continuing the study based on recommendations from the State Bar Association of North Dakota and the Secretary of State.
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Requires the Legislative Management to report its findings, recommendations, and any necessary implementing legislation to the Sixty-third Legislative Assembly.
Legislative Description
A concurrent resolution directing the Legislative Management to continue its study of the feasibility and desirability of adopting the Revised Uniform Limited Liability Company Act.
Last Action
Signed by Speaker
4/6/2011