- Committee -
SCS/SB 896 - This act makes several changes to laws relating to limited liability companies (LLC), not for profit health services corporations and limited liability partnerships (LLP).
LIMITED LIABILITY COMPANIES
Section 347.141 - Notice requirements for winding up a dissolved LLC would require publication in the Missouri Register in addition to the local county where the LLC is located.
LIMITED LIABILITY PARTNERSHIPS
Section 359.091 - Allows LLPs to be perpetual in their existence. Current law limits existence to a number of years.
Section 359.481 - Adds notice of winding up and publishing requirements for LLP's which is similar to that for LLCs.
GENERAL BUSINESS ORGANIZATIONS
Section 351.482 - Notice requirements for winding up a dissolved corporation would require publication in the Missouri Register. The requirement to provide local notice is deleted.
NOT FOR PROFIT HEALTH SERVICES CORPORATIONS
Extends the sunset clause for when a not for profit health services corporation may file for and amend its articles of incorporation to become a for profit corporation from August 31, 2000 to August 31, 2001.
STEPHEN WITTE