Currently, South Dakota only allows existing limited partnerships to convert into limited liability limited partnerships through a formal conversion process. This bill adds a new option allowing people to create a limited liability limited partnership directly from the start by filing a certificate, without having to first establish a regular limited partnership and then convert it.
AI-generated summary
Signed by the Speaker H.J. 462
Senate Do Pass Amended Passed, YEAS 33, NAYS 0. S.J. 399
Commerce and Energy Certified uncontested, placed on consent S.J. 14
Commerce and Energy Do Pass Passed, YEAS 8, NAYS 0. S.J. 14
Commerce and Energy Scheduled for hearing
Senate Referred to Senate Commerce and Energy S.J. 144
First Reading Senate S.J. 131
House of Representatives Do Pass Amended Passed, YEAS 66, NAYS 0. H.J. 151
House of Representatives Motion to amend H.J. 151
House of Representatives Remove from Consent Calendar H.J. 137
Judiciary Certified uncontested, placed on consent
Judiciary Do Pass Passed, YEAS 13, NAYS 0.
Judiciary Scheduled for hearing
First read in House and referred to House Judiciary H.J. 52
Prime sponsor · Sen
R
Dist. SD-005
Prime sponsor · Rep
R
Dist. HD-024
Do Pass Amended
Do Pass
Do Pass Amended
Do Pass
Do Pass