SB115 — Limited liability companies; providing exception to personal liability protections for members or managers. Effective date.

SB115 — Limited liability companies; providing exception to personal liability protections for members or managers. Effective date. · Informed CitizenrySenate Bill 115 modifies existing laws concerning limited liability companies (LLCs), which are business structures designed to shield the personal assets of their owners and managers from the debt…Open in Informed Citizenry