CS/SB 316: Limited Liability Companies
GENERAL BILL by Rules ; Berman
Limited Liability Companies; Defining the terms “registered foreign protected series of a foreign series limited liability company” and “registered foreign series limited liability company”; specifying that certain limited liability companies are considered a nonresident under certain circumstances; creating the “Uniform Protected Series Provisions”; providing powers and prohibitions for protected series of series limited liability companies; authorizing domestic limited liability companies to establish protected series, etc.
Effective Date: 7/1/2026
Last Action: 4/1/2025 Senate - Placed on Special Order Calendar, 04/03/25
Bill Text: Web Page | PDF
Last Action: 4/1/2025 Senate - Placed on Special Order Calendar, 04/03/25
Bill Text: Web Page | PDF
Senate Committee References:
- Commerce and Tourism (CM)
- Judiciary (JU)
- Rules (RC)
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Bill History
Date Chamber Action 1/17/2025 Senate • Filed
2/3/2025 Senate • Referred to Commerce and Tourism; Judiciary; Rules
2/10/2025 Senate • On Committee agenda-- Commerce and Tourism, 02/18/25, 8:30 am, 110 Senate Building
2/18/2025 Senate • Favorable by Commerce and Tourism; YEAS 7 NAYS 0
• Now in Judiciary
3/4/2025 Senate • Introduced
3/14/2025 Senate • On Committee agenda-- Judiciary, 03/19/25, 9:00 am, 110 Senate Building
3/19/2025 Senate • Favorable by Judiciary; YEAS 11 NAYS 0
• Now in Rules
3/21/2025 Senate • On Committee agenda-- Rules, 03/26/25, 9:00 am, 412 Knott Building
3/26/2025 Senate • CS by- Rules; YEAS 24 NAYS 0
• Pending reference review -under Rule 4.7(2) - (Committee Substitute)
3/27/2025 Senate • CS by Rules read 1st time
3/28/2025 Senate • Placed on Calendar, on 2nd reading
4/1/2025 Senate • Placed on Special Order Calendar, 04/03/25
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CS/SB 316, Committee Substitute 1 (Current Bill Version) Posted 3/26/2025 at 5:01 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 403 (c1) Limited Liability Companies Persons-Mulicka Identical Last Action: 3/27/2025 H Added to Second Reading Calendar 
Citations - Statutes (44)
Citation Catchline Location in Bill Location In Bill Help 48.062 Service on a domestic limited liability company or registered foreign limited liability company. Page 7 (pdf) 605.0103 Knowledge; notice. Page 8 (pdf) 605.0117 Serving process, giving notice, or making a demand. Page 9 (pdf) 605.0211 Certificate of status. Page 9 (pdf) 605.2101 Page 10 (pdf) 605.2102 Page 10 (pdf) 605.2103 Page 13 (pdf) 605.2104 Page 13 (pdf) 605.2105 Page 14 (pdf) 605.2106 Page 17 (pdf) 605.2107 Page 19 (pdf) 605.2108 Page 21 (pdf) 605.2201 Page 22 (pdf) 605.2202 Page 23 (pdf) 605.2203 Page 24 (pdf) 605.2204 Page 25 (pdf) 605.2205 Page 26 (pdf) 605.2206 Page 30 (pdf) 605.2301 Page 31 (pdf) 605.2302 Page 34 (pdf) 605.2303 Page 34 (pdf) 605.2304 Page 35 (pdf) 605.2305 Page 37 (pdf) 605.2401 Page 38 (pdf) 605.2402 Page 40 (pdf) 605.2403 Page 41 (pdf) 605.2404 Page 41 (pdf) 605.2501 Page 44 (pdf) 605.2502 Page 45 (pdf) 605.2503 Page 46 (pdf) 605.2601 Page 47 (pdf) 605.2602 Page 48 (pdf) 605.2603 Page 48 (pdf) 605.2604 Page 49 (pdf) 605.2605 Page 49 (pdf) 605.2606 Page 51 (pdf) 605.2607 Page 51 (pdf) 605.2608 Page 53 (pdf) 605.2701 Page 55 (pdf) 605.2702 Page 58 (pdf) 605.2703 Page 59 (pdf) 605.2704 Page 60 (pdf) 605.2801 Page 62 (pdf) 605.2802 Page 62 (pdf) -
SB 316, Original Filed Version Posted 1/17/2025 at 4:34 PM
Bill Text: Web Page | PDF Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 403 (c1) Limited Liability Companies Persons-Mulicka Identical Last Action: 3/27/2025 H Added to Second Reading Calendar
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 386758 - Amendment
Delete lines 1784 - 1791 and insert:Rules
(Berman)3/25/2025
2:52 PMReplaced by Committee Substitute
3/26/2025Web Page
PDFCommittee Votes (3)
Date Committee Result 2/18/2025 8:30 AM Commerce and Tourism 7 Yeas - 0 Nays 3/19/2025 9:00 AM Judiciary 11 Yeas - 0 Nays 3/26/2025 9:00 AM Rules 24 Yeas - 0 Nays Citations - Statutes (44)
Citation Catchline Location in Bill Location In Bill Help 48.062 Service on a domestic limited liability company or registered foreign limited liability company. Page 7 (pdf) 605.0103 Knowledge; notice. Page 8 (pdf) 605.0117 Serving process, giving notice, or making a demand. Page 9 (pdf) 605.0211 Certificate of status. Page 9 (pdf) 605.2101 Page 10 (pdf) 605.2102 Page 10 (pdf) 605.2103 Page 13 (pdf) 605.2104 Page 13 (pdf) 605.2105 Page 14 (pdf) 605.2106 Page 17 (pdf) 605.2107 Page 19 (pdf) 605.2108 Page 21 (pdf) 605.2201 Page 22 (pdf) 605.2202 Page 23 (pdf) 605.2203 Page 24 (pdf) 605.2204 Page 25 (pdf) 605.2205 Page 26 (pdf) 605.2206 Page 30 (pdf) 605.2301 Page 31 (pdf) 605.2302 Page 34 (pdf) 605.2303 Page 34 (pdf) 605.2304 Page 35 (pdf) 605.2305 Page 37 (pdf) 605.2401 Page 38 (pdf) 605.2402 Page 40 (pdf) 605.2403 Page 41 (pdf) 605.2404 Page 41 (pdf) 605.2501 Page 44 (pdf) 605.2502 Page 45 (pdf) 605.2503 Page 46 (pdf) 605.2601 Page 47 (pdf) 605.2602 Page 48 (pdf) 605.2603 Page 48 (pdf) 605.2604 Page 49 (pdf) 605.2605 Page 49 (pdf) 605.2606 Page 51 (pdf) 605.2607 Page 51 (pdf) 605.2608 Page 53 (pdf) 605.2701 Page 55 (pdf) 605.2702 Page 58 (pdf) 605.2703 Page 59 (pdf) 605.2704 Page 60 (pdf) 605.2801 Page 62 (pdf) 605.2802 Page 62 (pdf)