Introduced
by
To establish that an investor in a limited liability partnership is not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation, or other liability of the registered limited liability partnership solely by reason of being or acting as a partner.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 35 to 0 (details)
Referred to the Committee on Commerce and Trade
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 107 to 1 (details)
To establish that an investor in a limited liability partnership is not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation, or other liability of the registered limited liability partnership solely by reason of being or acting as a partner.