Revised Prototype Limited Liability Company Act

• Published in: The Business Lawyer Vol. 67; no. 1; pp. 117 - 225
• Format: Journal Article Trade Publication Article
• Language: English
• Published: Chicago Section of Business Law of the American Bar Association 01.11.2011; American Bar Association
• Subjects: Attorneys; Commercial law; Corporate liability; Corporate regulation; Criminal conversion; Editing; Electronic Signatures in Global & National Commerce Act 2000-US; Fiduciary duties; Financial liabilities; Law; Laws, regulations and rules; Legislation; Limited liability; Limited liability companies; Limited partnerships; Partnership agreements; Partnerships; Rehiring; Revisions; Service of process; State court decisions; Statutory law; United States > US
• ISSN: 0007-6899; 2164-1838

The Revised Prototype Limited Liability Company Act Editorial Board (the RPLLCA Editorial Board) for the Revised Prototype Limited Liability Company Act (the Act) is the primary drafter of the Act. Once approved by the RPLLCA Editorial Board, the Act is submitted to the main editorial board (the LPUE Editorial Board) of the LLCs, Partnerships and Unincorporated Entities Committee (LPUE) for final non-substantive editing. Once edited and approved by the LPUE Editorial Board, the Act is then submitted to LPUE for a vote to either approve or disapprove the Act. The Act is not subject to review or approval by any other body within the American Bar Association, The RPLLCA Editorial Board in conjunction with LPUE will present programs on the Act at ABA meetings and other state bar meetings.