Senate committee substitute makes the following changes to the 2nd edition.

Modifies proposed GS 57D-3-02(c), creating special economic interest owners of LLCs. Specifies that the ownership interest of a person's designated agent or court-appointed guardian is created when the person's death or adjudication of incompetence resulted in the person ceasing to be an LLC member. Makes technical changes throughout the new subsection to refer to "the person" rather than "the member". Specifies that the remaining liability for three identified obligations in proposed subsection (d) applies when a person ceases to be a member upon the occurrence of any of the events described in existing subsection (a), including the person becoming a debtor in bankruptcy (previously only specified the person ceased to be a member).