Understand the fiduciary obligations under ULLCA.
The ULLCA was enacted in 1996 and allowed for the creation of limited liability companies (LLCs). Nearly every state had their own LLC statute, each very different from one another. The ULLCA sought to bring uniformity to the governance of LLCs. 10 years passed and there needed to be revisions, every state was adopting LLC statutes and each statute was different in form and substance. ULLCA’s drafting was relied on the Revised Uniform Partnership Act that was member-managed specific. This white paper discusses how since then, many states adopted and revised LLC statutes and which created a huge uptick in LLC formation.
Agenda
Faculty
Michael J. Anthony, Esq.
Anthony Law, LLC
- Founding attorney at Anthony Law, LLC
- Anthony Law focuses in the areas of business litigation, real estate and construction and general corporate law
- Professional associations and memberships include the Columbus Bar Association, Lawrence Funderburke Youth Organization, board member and legal counsel and small business advocate, editor
- J.D. Degree, cum laude, Capital University Law School; B.A. degree in history, Cederville University
- Can be contacted at [email protected] or https://anthonylawllc.com/attorney/mike-anthony
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