New Jersey’s Revised Uniform Limited Liability Company Act — What all owners of New Jersey LLCs Need to Know What is the New Jersey’s Revised Uniform Limited Liability Company Act? The Revised Uniform Limited Liability Company Act (“RULLCA”) replaces and expands New Jersey’s Uniform Limited Liability Company Act (“NJ ULLCA”) which was originally put in place…
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New Jersey Prepares to Adopt Version of Revised Uniform Limited Liability Company Act
Pending approval by Governor Christie, New Jersey will adopt a new set of laws pertaining to the formation and operation of limited liability companies. By Joseph Olender In 2011, the New Jersey Assembly proposed Bill No. 1543, which would change the way that limited liability companies (LLCs) in the state are created and operate. The…
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