Existing law, the California Revised Uniform Limited Liability Company Act, authorizes one or more persons to form a limited liability company by, among other things, signing and delivering articles of organization to the Secretary of State. The act authorizes a person, as defined, to dissociate as a member of a limited liability company at any time by withdrawing as a member by express will. The act deems a person to be dissociated from a limited liability company upon the occurrence of certain events, including, among others, an individual's death. The act provides the effects when a person, including an individual, is dissociated from a limited liability company. Existing law limits the application of an operating agreement.
California AB 506 (20152016) — Limited liability companies.
Existing law, the California Revised Uniform Limited Liability Company Act, authorizes one or more persons to form a limited liability company by, among other things, signing and delivering articles of organization to the Secretary of State. The act authorizes a person, as defined, to dissociate as a member of a limited liability company at any time by withdrawing as a member by express will. The act deems a person to be dissociated from a limited liability company upon the occurrence of certain events, including, among others, an individual's death. The act provides the effects when a person, including an individual, is dissociated from a limited liability company. Existing law limits the application of an operating agreement.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
AB 506 MAIENSCHEIN Assembly Third Reading — 76–0 (pass) · lower
Do pass. — 12–0 (pass) · lower
Do pass as amended, and be ordered to the Consent Calendar — 6–0 (pass) · upper
AB 506 MAIENSCHEIN Concurrence in Senate Amendments — 80–0 (pass) · lower
3rd Reading AB506 Maienschein By Hill — 40–0 (pass) · upper
Sponsors
Maienschein — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2015-02-23 Read first time. To print. reading-1
2015-02-24 From printer. May be heard in committee March 26.
2015-03-05 Referred to Com. on B. & F. referral-committee
2015-04-23 From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended. reading-2, amendment-introduction, amendment-passage, reading-1
2015-04-27 Re-referred to Com. on B. & F. referral-committee
2015-05-05 From committee: Do pass. (Ayes 12. Noes 0.) (May 4). committee-passage-favorable, committee-passage
2015-05-06 Read second time. Ordered to third reading. reading-2, reading-1
2015-05-07 Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 1340.) reading-3, passage, reading-1
2015-05-07 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2015-05-21 Referred to Com. on JUD. referral-committee
2015-06-10 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD. referral-committee, reading-2, amendment-introduction, amendment-passage, reading-1
2015-06-17 In committee: Set, first hearing. Hearing canceled at the request of author.
2015-06-29 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD. referral-committee, reading-2, amendment-introduction, amendment-passage, reading-1
2015-07-14 From committee: Amend, and do pass as amended. To Consent Calendar. (Ayes 6. Noes 0.) (July 7). amendment-introduction, committee-passage, amendment-passage
2015-07-15 Read second time and amended. Ordered to consent calendar. amendment-passage, reading-2, reading-1
2015-07-16 From Consent Calendar.
2015-07-16 Ordered to third reading.
2015-08-17 Read third time and amended. Ordered to second reading. reading-3, amendment-passage, reading-1
2015-08-18 Read second time. Ordered to third reading. reading-2, reading-1
2015-08-27 Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 2201.). reading-3, passage, reading-1
2015-08-27 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 30 pursuant to Assembly Rule 77.
2015-08-31 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 80. Noes 0. Page 2673.). committee-passage-favorable, amendment-passage
2015-09-09 Enrolled and presented to the Governor at 4 p.m.
2015-10-11 Approved by the Governor. executive-signature
2015-10-11 Chaptered by Secretary of State - Chapter 775, Statutes of 2015.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/3d235198-75ed-49cb-b389-bd411a3623d9. Confidence: reported (aggregated from official California legislature records).