Allows an LLC to relocate from one state to another using a domestication process when domestication is permitted in both states

Summary

The bill creates a domestication procedure so a limited liability company can change its state of organization without dissolving, as long as the destination state also allows domestication. It establishes filing fees for the required paperwork and provides fee waivers for members who are active‑duty military. The measure would impact LLC owners, members, and the Secretary of State’s office.

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