Bill Text: CT HB06647 | 2017 | General Assembly | Introduced

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Bill Title: An Act Concerning The Establishment Of Series Limited Liability Companies.

Spectrum: Partisan Bill (Republican 5-0)

Status: (Introduced - Dead) 2017-01-24 - Referred to Joint Committee on Judiciary [HB06647 Detail]

Download: Connecticut-2017-HB06647-Introduced.html

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General Assembly		Proposed Bill No. 6647
January Session, 2017		LCO No. 2264
		*02264*
Referred to Committee on JUDICIARY
Introduced by:
REP. KLARIDES, 114th Dist. REP. CANDELORA, 86th Dist. REP. HOYDICK, 120th Dist. REP. O'DEA, 125th Dist. REP. O'NEILL, 69th Dist.

AN ACT CONCERNING THE ESTABLISHMENT OF SERIES LIMITED LIABILITY COMPANIES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That chapter 613a of the general statutes be amended to allow a person to establish an umbrella limited liability company that includes subentities for individual properties with each subentity enjoying the same legal protections as the umbrella limited liability company.

Statement of Purpose:

To allow a person to establish an umbrella limited liability company with subentities for individual properties.