Revised Uniform Limited Liability Company Act
Senator Hillyard and Reed Martineau, Uniform Law Commissioners, are directing an effort to review and prepare legislation for the possible adoption of the Revised Uniform Limited Liability Company Act (“RULLCA”). If adopted, RULLCA will supersede Utah’s existing limited liability company statute. Please feel free to comment on this effort, RULLCA, or suggested changes to RULLCA or Utah's existing limited liability company statute.
The following is the link to a copy of RULLCA:
http://www.law.upenn.edu/bll/archives/ulc/ullca/2006act_final.htm
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