Fabio
5.1 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
| type | title | description | jurisdiction | legislature | session | identifier | citation | classification | subjects | status | primary_sponsors | version_count | action_count | vote_count | first_action | last_action | source | source_identifier | source_url | source_hash | vintage | source_snapshot | retrieved_at | confidence | tags | ||||
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| Bill | LLC ACT-SERIES LLC | Amends the Limited Liability Company Act. Provides that an operating agreement may establish designated series of members, managers or limited liability company interests having separate rights, powers or duties with respect to specified property or obligations of the limited liability company or profits and losses associated with specified property or obligations, and to the extent provided in the operating agreement, any such series may have a separate business purpose or investment objective. Establishes the procedures for management, dissolution, and operation of a series. Provides the fee for filing articles of organization, annual reports, and certificates of designation for a series of a limited liability company. Effective July 1, 2005. | us/states/il | Illinois General Assembly | 94th | SB 504 | Illinois SB 504 (94th) |
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enacted | 3 | 26 | 2 | 2005-02-17 | 2005-08-16 | openstates | ocd-bill/dc72a318-0190-4005-bf0b-3b26ac1ab31b | http://ilga.gov/legislation/BillStatus.asp?DocNum=504&GAID=8&DocTypeID=SB&LegId=17296&SessionID=50&GA=94 | 706c0f65888fbac83dbf5118d1b155d49187b5e8284592ece120317db8488a70 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois SB 504 (94th) — LLC ACT-SERIES LLC
Amends the Limited Liability Company Act. Provides that an operating agreement may establish designated series of members, managers or limited liability company interests having separate rights, powers or duties with respect to specified property or obligations of the limited liability company or profits and losses associated with specified property or obligations, and to the extent provided in the operating agreement, any such series may have a separate business purpose or investment objective. Establishes the procedures for management, dissolution, and operation of a series. Provides the fee for filing articles of organization, annual reports, and certificates of designation for a series of a limited liability company. Effective July 1, 2005.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Votes
- Third Reading — 56–0 (pass) · upper
- Third Reading — 62–49 (pass) · lower
Sponsors
- Don Harmon — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2005-02-17 Filed with Secretary by Sen. Don Harmon
filing - 2005-02-17 First Reading
reading-1 - 2005-02-17 Referred to Rules
referral-committee - 2005-02-23 Assigned to Judiciary
referral-committee - 2005-03-02 Added as Chief Co-Sponsor Sen. Richard J. Winkel, Jr.
- 2005-03-02 Do Pass Judiciary; 010-000-000
committee-passage - 2005-03-02 Placed on Calendar Order of 2nd Reading March 3, 2005
- 2005-03-03 Second Reading
reading-2 - 2005-03-03 Placed on Calendar Order of 3rd Reading March 8, 2005
- 2005-04-07 Third Reading - Passed; 056-000-000
reading-3, passage - 2005-04-07 Arrived in House
introduction - 2005-04-07 Placed on Calendar Order of First Reading
reading-1 - 2005-04-15 Chief House Sponsor Rep. Kevin Joyce
- 2005-04-15 First Reading
reading-1 - 2005-04-15 Referred to Rules Committee
referral-committee - 2005-04-20 Assigned to Judiciary I - Civil Law Committee
referral-committee - 2005-04-27 Do Pass / Short Debate Judiciary I - Civil Law Committee; 008-002-000
committee-passage - 2005-04-28 Placed on Calendar 2nd Reading - Short Debate
- 2005-05-10 Second Reading - Short Debate
reading-2 - 2005-05-10 Placed on Calendar Order of 3rd Reading - Short Debate
- 2005-05-20 Third Reading - Short Debate - Passed 062-049-000
reading-3, passage - 2005-05-20 Passed Both Houses
- 2005-06-17 Sent to the Governor
executive-receipt - 2005-08-16 Governor Approved
executive-signature - 2005-08-16 Effective Date August 16, 2005
- 2005-08-16 Public Act . . . . . . . . . 94-0607
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/dc72a318-0190-4005-bf0b-3b26ac1ab31b. Confidence: reported (aggregated from official Illinois legislature records).