SENATE CONCURRENT RESOLUTION NO. 50

(By Senators Wooton, Ross, Scott, Schoonover,

Anderson, Buckalew, Bowman and Dittmar)


[Originating in the Committee on the Judiciary;

reported March 10, 1995.]



Requesting the joint committee on government and finance to make a study of the uniform limited liability company act and the formation and feasibility of limited liability companies for professionals and limited liability partnerships.

Whereas, Since the enactment of the West Virginia limited liability company act, the national conference of commissioners on uniform state laws has adopted a uniform limited liability act; and
Whereas, Many states have enacted statutes allowing professionals to organize as limited liability companies; and
Whereas, At least twenty states, including all of the states contiguous to the state of West Virginia, have enacted statutes allowing the formation of limited liability partnerships; therefore be it
Resolved by the Legislature of West Virginia:
That the joint committee on government and finance is hereby requested to review, examine and study the uniform limited liability company act, limited liability companies for professionals and limited liability partnerships and the desirability and need for enacting such legislation in West Virginia; and be it
Further Resolved, That the joint committee on government and finance report back to the Legislature with their findings on or before the first day of January, one thousand nine hundred ninety- six; and, be it
Further Resolved, That the Clerk of the Senate is hereby requested to forward a copy of this resolution to the president of the Senate, the speaker of the House and the governor of the state of West Virginia.