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1995

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Law and Contemporary Problems

Limited liability companies

Articles 1 - 2 of 2

Full-Text Articles in Law

The Limited Liability Company Experiment: Unlimited Flexibility, Uncertain Role, Wayne M. Gazur Apr 1995

The Limited Liability Company Experiment: Unlimited Flexibility, Uncertain Role, Wayne M. Gazur

Law and Contemporary Problems

Limited liability company (LLC) laws utilize provisions clearly of partnership origin in varying degrees. The adoption of the Uniform Limited Liability Company Act and the LLC are discussed.


Linking Statutory Forms, Larry E. Ribstein Apr 1995

Linking Statutory Forms, Larry E. Ribstein

Law and Contemporary Problems

Business association statutes may be "linked" in that rules from one statute are applied to a business form created under another statute; for example, the Uniform Partnership Act, the Uniform Limited Partnership Act and the Revised Uniform Limited Partnership Act provide that general partnership provisions apply to limited partnerships. An evaluation of this linkage is presented.