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NM SB203

NM SB203
Llc Membership In Articles Of Organization


summary

Introduced
02/01/2021
In Committee
02/24/2021
Crossed Over
Passed
Dead
03/20/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT RELATING TO BUSINESS ENTITIES; REQUIRING THAT ARTICLES OF ORGANIZATION FOR LIMITED LIABILITY COMPANIES INCLUDE THE NAME AND ADDRESS OF EACH MEMBER.

AI Summary

This bill requires that articles of organization for limited liability companies (LLCs) in New Mexico include the name and address of each member of the LLC. Additionally, the bill amends the provisions for amending and restating the articles of organization to require the inclusion of any changes to the membership of the LLC, including the name and address of each member not already provided to the secretary of state.

Committee Categories

Budget and Finance, Justice

Sponsors (1)

Last Action

STBTC: Reported by committee with Do Pass recommendation (on 02/24/2021)

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