HB98
Sponsored By: Eric S Turer (Democratic)
Signed by Governor
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Assistant manager rules for single-member PLLCs
The law lets PLLCs name a secretary or treasurer (or assistants) who do not have to be licensed for the profession, subject to state licensing rules. In a single-member PLLC, the assistant manager also does not need to be a “qualified person.” If the manager dies, is incapacitated, or becomes disqualified, the assistant manager may use all of the manager’s rights for up to one year. This only applies if the operating agreement does not say otherwise and follows state limits. The assistant manager cannot perform licensed professional duties or use professional judgment. The law takes effect 60 days after passage.
Sponsors & Cosponsors
Sponsor
Eric S Turer
Democratic • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Signed by Governor Ayotte 05/14/2025; Chapter 14; eff.07/13/2025
5/21/2025HouseEnrolled Adopted, VV, (In recess 05/01/2025); SJ 12
5/6/2025SenateEnrolled (in recess of) 05/01/2025 HJ 13 P. 31
5/6/2025HouseOught to Pass: MA, VV; OT3rdg; 04/17/2025; SJ 10
4/17/2025SenateCommittee Report: Ought to Pass, 04/17/2025; Vote 5-0; CC; SC 17
4/9/2025SenateHearing: 04/01/2025, Room 100, SH, 09:30 am; SC 15
3/25/2025SenateIntroduced 03/06/2025 and Referred to Commerce; SJ 7
3/11/2025SenateOught to Pass: MA VV 02/06/2025 HJ 4 P. 5
2/6/2025HouseCommittee Report: Ought to Pass 01/22/2025 (Vote 13-0; CC) HC 10 P. 4
1/24/2025HouseExecutive Session: 01/30/2025 10:00 am LOB 206-208
1/22/2025HousePublic Hearing: 01/15/2025 01:30 pm LOB 206-208
1/8/2025HouseIntroduced 01/08/2025 and referred to Judiciary HJ 2 P. 5
12/23/2024House
Bill Text
Enrolled
5/6/2025
Introduced
12/23/2024
CHAPTERED FINAL VERSION
Version adopted by both bodies
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