Allows an LLC to relocate from one state to another using a domestication process when domestication is permitted in both states

HB 3094 allows limited liability companies (LLCs) to legally relocate their primary state of incorporation to another state using a streamlined "domestication" process, provided both states permit such moves. This would eliminate the need for LLCs to dissolve in their original state and re-form as a new entity in the destination state. The bill establishes specific filing procedures and fees for this transfer, directly affecting any LLC seeking to change its legal home for operational or tax reasons. It applies only when the new state’s laws also allow domestication of LLCs.