SB 1710 Illinois Senate · 94th Regular Session

LLC ACT-CHARGING ORDER

Summary
Amends the Limited Liability Company Act. Deletes language providing that a charging order is the exclusive remedy by which a judgment creditor of a member or a transferee may satisfy a judgement out of a debtor's distributional interest in a limited liability company.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2005
Committee Review
Floor Vote
Governor
Introduced Feb 25, 2005 Last action Jan 9, 2007
Floor votes

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Full legislative history

Actions timeline

Total actions
9
Key actions
0
Committee
3
Jan 9, 2007
Senate · Failed
Session Sine Die
Mar 18, 2005
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Rules
Mar 2, 2005
Senate · Referred to committee
Assigned to Judiciary
Feb 25, 2005
Senate · Referred to committee
Referred to Rules
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Ira I. Silverstein
Ira I. Silverstein
DDemocratic
IL
8