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SB 2780

AN ACT RELATING TO CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS -- UNIFORM PARTNERSHIP ACT -- THE RHODE ISLAND LIMITED LIABILITY COMPANY ACT

2026 Regular Session Introduced by John Burke and 2 co-sponsors

SB 2780 updates Rhode Island partnership and LLC laws to modernize business entity statutes and clarify operational and governance rules for existing business structures.

06/23/2026 Signed by Governor
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WeVote Research Nonpartisan
Bill Summary · SB 2780

Legislative bill overview

SB 2780 proposes amendments to Rhode Island's Uniform Partnership Act and Limited Liability Company Act to modernize and clarify provisions governing how partnerships and LLCs operate, manage member/partner relationships, and handle organizational matters. The bill addresses gaps and outdated language in Rhode Island's existing business entity statutes to align with contemporary business practices and other states' model legislation.

Why is this important

These statutes form the legal foundation for how thousands of Rhode Island businesses are structured and operate. Updates to partnership and LLC laws directly affect business formation costs, dispute resolution processes, liability protection, and the clarity with which business owners can conduct operations. Modernizing these provisions can reduce legal uncertainties and make Rhode Island more competitive for business formation compared to other states.

Potential points of contention

  • Scope of changes unclear: The bill's full text and specific amendments are not detailed in available information, making it difficult to assess whether changes favor creditor protections, member rights, or management flexibility
  • Small business impact: Depending on provisions, changes could impose new compliance burdens or administrative costs on small partnerships and LLCs that currently operate under simpler frameworks
  • Existing contract disruption: Amendments could create ambiguity about how they apply to partnerships and LLCs formed under previous law, potentially affecting operating agreements and member expectations

Compiled from official sources — confirm details with the bill’s official record.

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