2023 Regular Session • Oregon Legislature
SB21: Relating to limited liability company series.
Legislative Summary
Permits limited liability companies in operating agreement to establish or provide for establishing one or more designated series of members, managers, transferable interests or assets. Permits limited liability companies in operating agreement to establish or provide for establishing one or more designated series of members, managers, transferable interests or assets. Specifies requirements that govern series in absence of provisions in operating agreement.
Bill History
1/9/2023
Introduction and first reading. Referred to President's desk.
Senate
1/13/2023
Referred to Judiciary.
Senate
4/24/2023
Motion to withdraw from committee on Judiciary failed. Ayes, 13; Nays, 15--Dembrow, Frederick, Gelser Blouin, Golden, Jama, Lieber, Manning Jr, Meek, Patterson, Prozanski, Sollman, Steiner, Taylor, Woods, President Wagner; Excused, 2--Campos, Gorsek.
Senate
6/25/2023
In committee upon adjournment.
Senate
Roll Call Votes
Senate Withdraw from Committee
4/24/2023
13
Yea
15
Nay
0
Not Voting
2
Absent
Result: FAILED
Status Information
Current Status
Failed(6/25/2023)
Chamber
Senate
Sine DiePrior Session
Sponsors
Republican: 1
Primary Sponsor
Brian Boquist
Republican