Senate
File
544
S-3195
Amend
Senate
File
544
as
follows:
1
1.
Page
3,
by
striking
lines
13
and
14
and
inserting
2
<
automated
process
used
in
conventional
commercial
practice.
>
3
2.
Page
3,
line
25,
by
striking
<
county
>
and
inserting
4
<
country
>
5
3.
Page
21,
line
12,
after
<
state
>
by
inserting
<
for
>
6
4.
Page
27,
line
32,
by
striking
<
or
authorization
>
and
7
inserting
<
or
authorization
registration
>
8
5.
Page
45,
line
13,
by
striking
<
property
>
and
inserting
9
<
property
,
>
10
6.
Page
77,
by
striking
lines
27
through
30
and
inserting:
11
<
c.
Once
After
the
limited
liability
company
has
at
least
12
one
member,
the
passage
of
that
member
and
any
other
member
13
dissociate,
and
ninety
consecutive
days
pass
during
which
the
14
company
has
no
members
.
,
unless
before
the
end
of
the
period
15
all
of
the
following
apply:
>
16
7.
Page
79,
line
20,
by
striking
<
may
resume
>
and
inserting
17
<
resume
resumes
>
18
8.
Page
94,
by
striking
lines
8
through
21
and
inserting:
19
<
A
member
may
maintain
a
derivative
action
to
enforce
a
right
20
of
a
limited
liability
company
as
follows:
21
1.
The
A
member
may
maintain
a
derivative
action
to
enforce
22
a
right
of
a
limited
liability
company,
if
the
member
first
23
makes
a
demand
on
the
other
members
in
a
member-managed
limited
24
liability
company,
or
the
managers
of
a
manager-managed
limited
25
liability
company,
requesting
that
they
cause
the
company
to
26
bring
an
action
to
enforce
the
right,
and
the
managers
or
other
27
members
do
not
bring
the
action
within
ninety
days
from
the
28
date
the
demand
was
made
unless
the
member
has
earlier
been
29
notified
that
the
demand
has
been
rejected
by
the
company
30
or
unless
irreparable
injury
to
the
company
would
result
by
31
waiting
for
the
expiration
of
the
ninety-day
period.
32
2.
A
demand
under
subsection
1
would
be
futile.
>
33
9.
Page
142,
line
4,
by
striking
<
shareholder
>
and
inserting
34
<
member
>
35
-1-
SF
544.1612
(2)
90
(amending
this
SF
544
to
CONFORM
to
HF
655)
da/jh
1/
2
#1.
#2.
#3.
#4.
#5.
#6.
#7.
#8.
10.
Page
158,
by
striking
lines
16
through
20.
1
11.
Page
158,
after
line
26
by
inserting:
2
<
Sec.
___.
Section
524.310,
subsection
5,
paragraph
b,
Code
3
2023,
is
amended
to
read
as
follows:
4
b.
A
corporate
or
company
name
reserved,
registered,
or
5
protected
as
provided
in
section
489.109
,
489.114A,
489.706,
6
490.402
,
490.403
,
504.402
,
or
504.403
.
>
7
12.
By
renumbering
as
necessary.
8
______________________________
BRAD
ZAUN
-2-
SF
544.1612
(2)
90
(amending
this
SF
544
to
CONFORM
to
HF
655)
da/jh
2/
2
#10.
#11.
#12.