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---
type: "Bill"
title: "Business and Commerce - As enacted, specifies certain powers of a series of an LLC. - Amends TCA Title 48, Chapter 249."
description: "Business and Commerce - As enacted, specifies certain powers of a series of an LLC. - Amends TCA Title 48, Chapter 249."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "110"
identifier: "SB 2435"
citation: "Tennessee SB 2435 (110)"
classification: ["bill"]
subjects: ["Business and Commerce"]
status: "enacted"
primary_sponsors: ["Beck", "Yarbro"]
version_count: 1
action_count: 36
vote_count: 1
first_action: "2018-02-01"
last_action: "2018-04-23"
source: "openstates"
source_identifier: "ocd-bill/5e565c6a-d72e-44bc-95fb-c30ea9d3b4b5"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB2435&GA=110"
source_hash: "6e6c99f3229fa7b40cf4ea8b6e84ce0e3386fbc08524d9d3ae301b348be79cde"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-tn"]
---
# Tennessee SB 2435 (110) — Business and Commerce - As enacted, specifies certain powers of a series of an LLC. - Amends TCA Title 48, Chapter 249.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Current Version** (committee substitute) — [source](http://www.capitol.tn.gov/Bills/110/Bill/SB2435.pdf)
## Votes
- SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 0 3/13/2018 Passed — **80** (pass) · upper
## Sponsors
- Beck — primary (person)
- Yarbro — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2018-02-01** Introduced, Passed on First Consideration `introduction`
- **2018-02-01** Filed for introduction `introduction, reading-1`
- **2018-02-01** Intro. `introduction`
- **2018-02-01** Filed for intro. `introduction, reading-1`
- **2018-02-05** Passed on Second Consideration, refer to Senate Commerce and Labor Committee
- **2018-02-05** P1C.
- **2018-02-07** Assigned to s/c Business and Utilities Subcommittee `referral-committee`
- **2018-02-07** P2C, ref. to Business and Utilities Committee `referral-committee`
- **2018-02-28** Placed on s/c cal Business and Utilities Subcommittee for 3/6/2018
- **2018-03-06** Rec for pass if am by s/c ref. to Business and Utilities Committee `referral-committee`
- **2018-03-07** Placed on Senate Commerce and Labor Committee calendar for 3/13/2018
- **2018-03-07** Placed on cal. Business and Utilities Committee for 3/14/2018
- **2018-03-13** Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 0
- **2018-03-14** Rec. for pass. if am., ref. to Calendar & Rules Committee `committee-passage-favorable`
- **2018-03-21** Placed on cal. Calendar & Rules Committee for 3/22/2018
- **2018-03-22** H. Placed on Regular Calendar for 3/26/2018
- **2018-03-26** Sponsor(s) Added.
- **2018-03-26** Passed H., as am., Ayes 93, Nays 0, PNV 0 `passage`
- **2018-03-26** H. adopted am. (Amendment 1 - HA0876) `amendment-passage`
- **2018-03-27** Placed on Senate Regular Calendar calendar for 3/29/2018
- **2018-03-27** Engrossed; ready for transmission to Sen.
- **2018-03-28** Received from House, Passed on First Consideration `introduction`
- **2018-03-29** Placed on Senate Regular Calendar calendar for 4/2/2018
- **2018-03-29** Senate Reset on calendar 4/2/18
- **2018-04-02** Companion House Bill substituted
- **2018-04-02** Passed Senate, Ayes 33, Nays 0 `passage`
- **2018-04-02** Amendment withdrawn. (Amendment 1 - SA0769)
- **2018-04-02** Senate substituted House Bill for companion Senate Bill.
- **2018-04-03** Enrolled; ready for sig. of H. Speaker.
- **2018-04-04** Signed by H. Speaker
- **2018-04-05** Signed by Senate Speaker
- **2018-04-06** Transmitted to Governor for his action. `executive-receipt`
- **2018-04-18** Signed by Governor. `executive-signature`
- **2018-04-23** Comp. became Pub. Ch. 759
- **2018-04-23** Pub. Ch. 759
- **2018-04-23** Effective date(s) 04/18/2018
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/5e565c6a-d72e-44bc-95fb-c30ea9d3b4b5`. Confidence: reported (aggregated from official Tennessee legislature records).