HB 1273 Revised Uniform Limited Partnership Act.
W. W. Bennett, Jr. | all patrons    ...    notes
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Summary:
Virginia Revised Uniform Limited Partnership Act. Allows domestic or foreign limited partnerships to be relieved of cancellation of their certificate of registration or limited partnership and to have such certificate reinstated by paying to the State Corporation Commission a reinstatement fee of $100 and any and all registration fees and penalties that were due prior to the cancellation of the certificate. The bill provides this reinstatement for (i) limited partnerships that failed to timely remit the assessed annual registration fee, (ii) limited partnerships that dissolved after discharging all debts, liabilities, and obligations, and (iii) foreign limited partnerships that surrendered their registration. The bill also modifies the name requirements for limited partnerships that also qualify as limited liability partnerships. Under current law, limited partnerships which are also limited liability partnerships must include both indicators ("LP" and "LLP") in their names.

Full text:
01/26/98  House: Presented & ordered printed 989277128  pdf
03/02/98  House: Bill text as passed House and Senate (HB1273ER)  pdf
03/23/98  Governor: Acts of Assembly Chapter text (CHAP0163)  pdf

Status:
01/26/98  House: Presented & ordered printed 989277128
01/26/98  House: Referred to Committee on Corporations, Insurance and Banking
02/05/98  House: Reported from Corp., Ins. & Banking (25-Y 0-N)
02/06/98  House: Read first time
02/09/98  House: Read second time and engrossed
02/10/98  House: Read third time and passed House (Block Vote) (98-Y 0-N)
02/10/98  House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
02/10/98  House: Communicated to Senate
02/11/98  Senate: Constitutional reading dispensed
02/11/98  Senate: Referred to Committee on Commerce and Labor
02/23/98  Senate: Reported from Commerce and Labor (13-Y 0-N)
02/24/98  Senate: Const. reading disp., passed by for the day (39-Y 0-N)
02/24/98  Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
02/25/98  Senate: Read third time
02/25/98  Senate: Passed Senate (39-Y 0-N)
02/25/98  Senate: VOTE: PASSAGE R (39-Y 0-N)
02/25/98  Senate: Rec. of Sen. passage agreed to by Senate (40-Y 0-N)
02/25/98  Senate: VOTE: RECONSIDER R (40-Y 0-N)
02/25/98  Senate: Passed Senate (40-Y 0-N)
02/25/98  Senate: VOTE: PASSAGE R (40-Y 0-N)
03/02/98  House: Bill text as passed House and Senate (HB1273ER)
03/05/98  House: Enrolled
03/05/98  House: Signed by Speaker
03/06/98  Senate: Signed by President
03/16/98  Governor: Approved by Governor-Chapter 163 (effective 7/1/98)
03/23/98  Governor: Acts of Assembly Chapter text (CHAP0163)