HB 3725 Illinois House · 96th Regular Session

LLCA-RIGHTS OF CREDITOR

Summary
Amends the Limited Liability Company Act. Eliminates language stating that the specified Section provides the exclusive remedy by which a judgment creditor of a member or a transferee may satisfy a judgment out of the judgment debtor's distributional interest in a limited liability company. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2009
Committee Review
Floor Vote
Governor
Introduced Feb 25, 2009 Last action Jan 11, 2011
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
10
Key actions
0
Committee
4
Jan 11, 2011
House · Failed
Session Sine Die
Apr 3, 2009
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Mar 11, 2009
House · Reported by committee
Do Pass / Short Debate Judiciary I - Civil Law Committee; 017-000-000
Mar 3, 2009
House · Referred to committee
Assigned to Judiciary I - Civil Law Committee
Feb 25, 2009
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Sidney H. Mathias
Sidney H. Mathias
RRepublican
IL
53