How many states have adopted the latest version of the Uniform Limited Liability Company Act (ULLCA)?Multiple choice question.24431750
Question
How many states have adopted the latest version of the Uniform Limited Liability Company Act (ULLCA)?
- A) 24
- B) 43
- C) 17
- D) 50
Solution
To determine how many states have adopted the latest version of the Uniform Limited Liability Company Act (ULLCA), we can look at the current legislative trends regarding the adoption of uniform laws by states.
-
Understanding ULLCA: The ULLCA is a model statute promoted by the Uniform Law Commission (ULC) to standardize the laws governing limited liability companies (LLCs) across states, but it must be adopted individually by each state legislatively.
-
Recent Updates: As of my last knowledge updated in October 2023, the latest version of ULLCA was first adopted in 2013, with subsequent amendments. States vary widely in terms of legal changes and often take time to consider and enact such model laws.
-
Checking Current Status: To provide an accurate answer, it would typically involve checking the latest reports from the Uniform Law Commission or the legislative updates from individual states' legislative bodies.
Given this, I cannot provide a specific answer to your multiple-choice question without current data, but it might be beneficial to check the most recent reports from the ULC directly or reliable legal resources to obtain the most recent number of adopting states.
Final Answer
The answer to your question depends on the most recent legislative data, which should be verified through updated legal resources.
Similar Questions
Which of the following is a provision of the Patient Protection and Affordable Care Act?Multiple choice question.
Multiple Choice QuestionOwners in an LLC have ______ liability.Multiple choice question.limitedunlimitedno
Which of these is the international standard for Business continuity management systems?ISO 22301:2019ISO 27001:2022ISO 22303:2008ISO 9001:2015
The act which regulates and insures employee pension plans is Blank______.Multiple choice question.NLRA of 1935ADA of 1990ERISA of 1974CETA of 1973
Which of the following is a provision of the Patient Protection and Affordable Care Act?
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.