Require the Disclosure of the Names of Members of a Limited Liability Company

Last updated: Feb 10, 2019

Details about this bill
Category: General Business
Status: Defeated
Sponsor: Representative Ryan Fecteau, House 11
Session: 129
Bill #: LD 60

Position:

Opposed.

Update: This bill has been withdrawn from consideration.

Summary:

Representative Fecteau of Biddeford would require the disclosure of the name of each member of a limited liability company formed in Maine. The bill also requires the disclosure of the name of each member of a foreign limited liability company in the company's statement of foreign qualifications to conduct activities. The bill also requires that if any member of a limited liability company or foreign limited liability company is an organization, the names of each person who forms that organization's governing body be listed.