This bill amends the existing law regarding professional limited liability companies (PLLCs) to allow single-member PLLCs to designate an assistant manager who does not need to be a qualified person. The new legal language specifies that while all managers and officers of a PLLC are generally required to be qualified persons, exceptions are made for the secretary, assistant secretary, treasurer, assistant treasurer, and the assistant manager in the case of a single-member PLLC. This change aims to provide flexibility in management during instances of the manager's death, incapacity, or disqualification.

Furthermore, the bill outlines that in the event of the manager's death, incapacity, or disqualification, the assistant manager may exercise the manager's rights for up to one year, unless the operating agreement states otherwise. However, the assistant manager is not authorized to perform any professional duties or exercise professional judgment related to the profession governed by the PLLC. The bill also emphasizes that it does not override any professional or ethical standards applicable to the profession. The act will take effect 60 days after its passage.