SB 164 Oregon Senate · 2025 Regular Session

Relating to limited liability companies.

Summary
Updates and modernizes laws that govern the formation, governance, operations and conversion of limited liability companies in this state and relations among members, managers and third parties with respect to limited liability companies in this state.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2025 Last action Jun 28, 2025
Maddy AI version diff · 1 comparison

What changed between versions

Introduced A-Engrossed · 1 edit
MINOR
The bill renumbered the LLC definition section, moving the 'Contribution' definition from item (2) to item (2) while shifting all subsequent definitions down by one number. This is a technical formatting change to align with the bill's new 'A-Engrossed' status.
TECHNICAL

The definition section numbering was adjusted: 'Contribution' remains at (2), but all subsequent definitions (Debtor in bankruptcy through Operating agreement) were renumbered from (3)-(13) to (3)-(13) to maintain sequential order after the renumbering.

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
2
Committee
4
Jun 28, 2025
Upper · Passed
In committee upon adjournment.
upper
Feb 26, 2025
Committee
Referred to Ways and Means by order of the President.
upper
Feb 26, 2025
Upper · Passed
Recommendation: Do pass with amendments and be referred to Ways and Means. (Printed A-Eng.)
upper
Jan 17, 2025
Committee
Referred to Judiciary.
upper
Jan 13, 2025
Introduced
Introduction and first reading. Referred to President's desk.
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.