Connecticut Senate Bill SB01087

Connecticut 2019 Regular Session

• Introduced: 3/15/19
• Refer: 3/15/19
• Report Pass: 4/8/19
• Refer: 4/18/19
• Report Pass: 4/25/19
• Engrossed: 5/21/19
• Report Pass: 5/22/19
• Chaptered: 6/12/19
• Enrolled: 6/17/19
• Passed: 6/21/19

Caption

An Act Concerning Service Of Process On Out-of-state Financial Institutions, Limited Liability Companies And Registered Foreign Limited Liability Companies.

Impact

The enactment of SB01087 would amend existing statutes related to serving legal documents to financial institutions, LLCs, and foreign LLCs. Among the key changes, the bill permits service to be executed via the Secretary of State, thereby providing a reliable alternative when traditional service methods fail. This new regulation is expected to reduce the complexities involved in serving process to entities that may have limited presence in the state, thereby facilitating smoother judicial processes and ensuring easier enforcement of court judgments.

Summary

SB01087, also known as the Act Concerning Service Of Process On Out-of-state Financial Institutions, Limited Liability Companies And Registered Foreign Limited Liability Companies, aims to streamline the process of serving legal documents to out-of-state entities. The bill primarily addresses how limited liability companies (LLCs) and registered foreign LLCs are notified of legal proceedings involving them, which is crucial for upholding the legal rights of plaintiffs and ensuring due process for the defendants. By enhancing the procedures for service of process, the bill seeks to clarify legal ambiguities and improve the efficiency of legal proceedings involving such entities.

Sentiment

The sentiment surrounding SB01087 appears largely supportive among lawmakers and legal experts, who recognize the need for updated procedures reflecting modern business practices, particularly given the rise of digital transactions. Advocates argue that the measure will foster a more equitable legal environment for all parties involved, while critics have not raised significant objections in the discussions reviewed. The bill's smooth passage in voting reflects a consensus that the changes will benefit both residents and businesses operating within the state.

Contention

While the discussions primarily showed support for SB01087, there were concerns regarding the implementation, particularly how well state agencies would adapt to these changes and the speed at which processes might be improved. The potential for procedural disputes if entities are not adequately informed was acknowledged, but no major points of contention emerged during the discussions. Overall, the bill's aim to provide clear and effective service methods is seen as a necessary modern step in ensuring legal accountability and compliance.