House Amendment 1113 PAG LIN 1 1 Amend House File 607 as follows: 1 2 #1. Page 10, line 5, by inserting after the word 1 3 <company> the following: <and foreign limited 1 4 liability company>. 1 5 #2. Page 11, line 1, by striking the figure 1 6 <504A.1706> and inserting the following: <504A.1705>. 1 7 #3. Page 11, line 13, by striking the figure 1 8 <504A.1706> and inserting the following: <504A.1705>. 1 9 #4. Page 11, line 20 by striking the figure 1 10 <504A.1706> and inserting the following: <504A.1705>. 1 11 #5. Page 17, by inserting after line 4, the 1 12 following: 1 13 < . A provision eliminating or limiting the 1 14 liability of a director to the corporation or its 1 15 members for money damages for any action taken, or any 1 16 failure to take any action, as a director, except 1 17 liability for any of the following: 1 18 (1) The amount of a financial benefit received by 1 19 a director to which the director is not entitled. 1 20 (2) An intentional infliction of harm on the 1 21 corporation or its members. 1 22 (3) A violation of section 504A.834. 1 23 (4) An intentional violation of criminal law. 1 24 A provision set forth in the articles of 1 25 incorporation pursuant to this paragraph shall not 1 26 eliminate or limit the liability of a director for an 1 27 act or omission that occurs prior to the date when the 1 28 provision becomes effective.> 1 29 #6. Page 29, line 4 by striking the word <members> 1 30 and inserting the following: <such a member>. 1 31 #7. Page 61, line 1, by striking the word 1 32 <therefore> and inserting the following: <therefor>. 1 33 #8. Page 76, line 34, by inserting after the word 1 34 <or> the following: <other>. 1 35 #9. Page 77, line 1, by inserting after the word 1 36 <action> the following: <in the discharge of the 1 37 person's duties>. 1 38 #10. Page 77, line 3, by inserting after the word 1 39 <is> the following: <not>. 1 40 #11. Page 84, line 33, by inserting after the word 1 41 <class,> the following: <or the articles or bylaws 1 42 provide otherwise,>. 1 43 #12. By renumbering as necessary. 1 44 1 45 1 46 1 47 MADDOX of Polk 1 48 HF 607.501 80 1 49 av/pj 1 50 -1-