NJ Enacts Revised Uniform LLC Act
New Jersey is among a handful of states to enact a form of the Revised Uniform Limited Liability Company Act (“Re-ULLCA”), a comprehensive, current law promulgated in July 2006. New Jersey’s Re-ULLCA will take effect on March 18, 2013 and will apply to all New Jersey LLCs beginning on April 1, 2014. It supersedes the New Jersey Limited Liability Company Act, which will be repealed as of April 1, 2014.
New Jersey’s adaptation of this statute incorporates significant changes and innovations. Learn more by reading EisnerAmper senior Gina Giordano's informative article on the changes and innovations of the Revised Uniform Limited Liability Company Act.