California Revised Uniform Limited Liability Company Act: Secretary of State: filing procedures.
Summary
The California Revised Uniform Limited Company Act governs the formation and operation of limited liability companies (LLCs) , including executing and filing articles of organization with the Secretary of State. Existing law establishes procedures governing the use of the name of an LLC or foreign LLC authorized to transact business in this state. Existing law prohibits the name of an LLC from being a name that the Secretary of State determines is likely to mislead the public and requires that the name be distinguishable in the Secretary of State's records from other specified entities. This bill would require the Secretary of State, after accepting a filing of an articles of organization and determining that the filing does not comply with the above name requirements, to provide written notice to the LLC requesting an amendment, in accordance with specified timelines and procedures. The bill would require the Secretary of State, if the LLC has not submitted completed documentation to meet the amendment requirements, to send notice to the LLC that the next biennial statement of information shall not be accepted until the LLC either amends its name or submits appropriate documents to meet these requirements. The bill would also require the Secretary of State, if the issue of noncompliance is brought forward by a party other than the Secretary's office, to review the complaint and make a determination of its validity within 30 days after submittal of the complaint.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2020
Committee Review
Floor Vote
Governor
Introduced Feb 21, 2020
Last action Apr 24, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
2
Apr 24, 2020
Assembly · Referred to committee
Referred to Com. on B. & F.
Feb 22, 2020
Assembly · Reported by committee
From printer. May be heard in committee March 23.
Feb 21, 2020
Assembly · Introduced
Introduced. To print.
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Sabrina Cervantes
DDemocratic
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