California AB 683: Medi-Cal: eligibility.

Status: Referred to Com. on HEALTH. (as of 2020-06-23)

State: California · Session: 20192020 · Bill: AB 683

Subjects: Medi-Cal: eligibility.

Sponsors: Carrillo

Bill Text

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 Bill Text - AB-683 Business entities: limited liability companies.

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 |Add To My Favorites |Track Bill | Version: 05/28/26 - Amended Senate
 01/14/26 - Amended Assembly
 04/21/25 - Amended Assembly
 02/14/25 - Introduced

 AB-683 Business entities: limited liability companies.(2025-2026)

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 Date Published: 05/28/2026 09:00 PM

AB683:v96#DOCUMENTBill Start

 Amended
 IN 
 Senate
 May 28, 2026

 Amended
 IN 
 Assembly
 January 14, 2026

 Amended
 IN 
 Assembly
 April 21, 2025

 CALIFORNIA LEGISLATURE—
 2025–2026 REGULAR SESSION

 Assembly Bill

No. 683

Introduced by Assembly Member Davies

February 14, 2025

 An act to add Section 17702.08 to the Corporations Code, relating to business entities. 

LEGISLATIVE COUNSEL'S DIGEST

AB 683, as amended, Davies.
 Business entities: limited liability companies.

Existing law, the California Revised Uniform Limited Liability Company Act, establishes procedures governing the formation and regulation of limited liability companies in this state. Existing law requires a limited liability company (LLC) to file certain information, including its articles of organization and amendments to those articles, with the Secretary of State.

This bill would authorize an LLC to present a certification of the LLC’s existence and authority to a licensed escrow agent, licensed real estate broker, and title insurance company or underwritten title company person or entity engaged in the business of title insurance to establish the
 present existence of the LLC and identify those with authority to act on its behalf. The bill would require the certification of LLC existence to confirm specified facts or contain certain information, including that its operating agreement or other governing documents have not been revoked, modified, or amended in a manner that would cause the representations contained in it to be incorrect. The bill would require the certification to be in the form of an acknowledged declaration signed by all authorized signers of the LLC and would permit the certification to be recorded with the county recorder, as specified.

This bill would authorize a person whose interests interest may be affected by the LLC’s certification to rely
 rely, directly or indirectly, as specified, on the representations in the certification. The bill would further provide that a person who acts in reliance upon a certification without actual knowledge that the representations contained in it are incorrect is not liable to any person for so acting. The bill would provide that any transaction and lien created thereby, entered into by the LLC’s authorized signer and a person acting in reliance upon a certification and authority, shall be enforceable against the LLC’s assets, except as specified.

This bill would also authorize a person to record a certification of LLC existence and authority that relates to an interest in real property in the county recorder in any county in which the real property is located. The bill would require the county recorder to impose a fee prescribed by law for recording that document sufficient to cover its reasonable costs. Because the bill would expand
 the crime of perjury and impose a new duty on county recorders, the bill would create a state-mandated local program.

The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement.

This bill would provide that no reimbursement is required by this act for specified reasons.

Digest Key

 Vote:
 MAJORITY 
 Appropriation:
 NO 
 Fiscal Committee:
 YES 
 Local Program:
 YES 

Bill Text

The people of the State of California do enact as follows:

SECTION 1.

 Section 17702.08 is added to the Corporations Code, to read:

17702.08.

 (a) A limited liability company may present to a licensed escrow agent, as described in Chapter 2 (commencing with Section 17200) of Division 6 of the Financial Code, a licensed real estate broker, as defined in Section 10015 of the Business and Professions Code, and a title insurance company or underwritten title company, as described in Section 12400.5 any person or entity engaged in the business of title insurance, as defined in Section 12340.3 of the Insurance Code, a certification of limited liability company existence and authority to establish the present
 existence of

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