5a13be122b
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
94 lines
7.3 KiB
Markdown
94 lines
7.3 KiB
Markdown
---
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type: "Bill"
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title: "Limited liability companies."
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description: "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."
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jurisdiction: "us/states/ca"
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legislature: "California Legislature"
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session: "20152016"
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identifier: "AB 506"
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citation: "California AB 506 (20152016)"
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classification: ["bill"]
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subjects: ["Limited liability companies."]
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status: "enacted"
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primary_sponsors: ["Maienschein"]
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version_count: 9
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action_count: 25
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vote_count: 5
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first_action: "2015-02-23"
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last_action: "2015-10-11"
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source: "openstates"
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source_identifier: "ocd-bill/3d235198-75ed-49cb-b389-bd411a3623d9"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160AB506"
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source_hash: "b40b43270aa621dee2ca856565037ba3c3d5793f4da5b13dc96e430639f7e32a"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ca"]
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---
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# California AB 506 (20152016) — Limited liability companies.
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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.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **02/23/15 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB506&version=20150AB50699INT)
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2. **04/23/15 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB506&version=20150AB50698AMD)
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3. **06/10/15 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB506&version=20150AB50697AMD)
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4. **06/29/15 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB506&version=20150AB50696AMD)
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5. **07/15/15 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB506&version=20150AB50695AMD)
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6. **08/17/15 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB506&version=20150AB50694AMD)
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7. **10/11/15 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB506&version=20150AB50692CHP)
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8. **AB506** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160AB506)
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9. **09/03/15 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201520160AB506&version=20150AB50693ENR)
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## Votes
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- AB 506 MAIENSCHEIN Assembly Third Reading — **76–0** (pass) · lower
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- Do pass. — **12–0** (pass) · lower
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- Do pass as amended, and be ordered to the Consent Calendar — **6–0** (pass) · upper
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- AB 506 MAIENSCHEIN Concurrence in Senate Amendments — **80–0** (pass) · lower
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- 3rd Reading AB506 Maienschein By Hill — **40–0** (pass) · upper
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## Sponsors
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- Maienschein — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2015-02-23** Read first time. To print. `reading-1`
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- **2015-02-24** From printer. May be heard in committee March 26.
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- **2015-03-05** Referred to Com. on B. & F. `referral-committee`
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- **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`
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- **2015-04-27** Re-referred to Com. on B. & F. `referral-committee`
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- **2015-05-05** From committee: Do pass. (Ayes 12. Noes 0.) (May 4). `committee-passage-favorable, committee-passage`
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- **2015-05-06** Read second time. Ordered to third reading. `reading-2, reading-1`
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- **2015-05-07** Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 1340.) `reading-3, passage, reading-1`
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- **2015-05-07** In Senate. Read first time. To Com. on RLS. for assignment. `reading-1`
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- **2015-05-21** Referred to Com. on JUD. `referral-committee`
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- **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`
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- **2015-06-17** In committee: Set, first hearing. Hearing canceled at the request of author.
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- **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`
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- **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`
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- **2015-07-15** Read second time and amended. Ordered to consent calendar. `amendment-passage, reading-2, reading-1`
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- **2015-07-16** From Consent Calendar.
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- **2015-07-16** Ordered to third reading.
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- **2015-08-17** Read third time and amended. Ordered to second reading. `reading-3, amendment-passage, reading-1`
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- **2015-08-18** Read second time. Ordered to third reading. `reading-2, reading-1`
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- **2015-08-27** Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 2201.). `reading-3, passage, reading-1`
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- **2015-08-27** In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 30 pursuant to Assembly Rule 77.
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- **2015-08-31** Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 80. Noes 0. Page 2673.). `committee-passage-favorable, amendment-passage`
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- **2015-09-09** Enrolled and presented to the Governor at 4 p.m.
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- **2015-10-11** Approved by the Governor. `executive-signature`
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- **2015-10-11** Chaptered by Secretary of State - Chapter 775, Statutes of 2015.
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/3d235198-75ed-49cb-b389-bd411a3623d9`. Confidence: reported (aggregated from official California legislature records).
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