SUBJECT

Proposed Limited Liability Partnership Rules

BACKGROUND

As part of the State Bar's ongoing rule revision project, the State Bar rules for limited liability partnerships have been revised. The original Limited Liability Partnership Rules and Regulations were adopted by the Board of Governors in 1995 and since amended in 1997 and 2000.

PROPOSAL

The rule revisions are not intended to substantially change current requirements, but they include modifications that reflect current practice and enhance operational efficiency. If adopted, they would become part of Title 3 of the Rules of the State Bar, which deals with Programs and Services.

The agenda item attached (Attachment 1) explains the preliminary revisions within the proposed rules, as presented by staff. At the November 13, 2009, meeting of the Board Committee on Member Involvement, Relations and Services, an additional amendment was discussed and incorporated into the proposed rules:

  • Proposed rule 3.180 is further amended to simplify the language.

This amendment is formally provided in Attachment 2, and is reflected in the final version of the proposed rules (Attachment 3). The sixty-day comment period will run until January 15, 2010. If comments do not require substantive changes necessitating another comment period, the board will be asked to adopt the proposal at its March or May 2010 meeting for an effective date of July 1, 2010.

ANY KNOWN FISCAL/PERSONNEL IMPACT

None

ATTACHMENTS
SOURCE

Board Committee on Member Involvement, Relations and Services

COMMENT DEADLINE

January 15, 2010

DIRECT COMMENTS TO:

Debbie Yee
The State Bar of California
Office of Member Services
180 Howard Street
San Francisco, CA 94105
415-538-2273
415-538-2305 Fax