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The Uniform Limited Liability Company Act (ULLCA), which includes a 2006 revision called the Revised Uniform Limited Liability Company Act, is a uniform act (similar to a model statute), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of limited liability companies (often called LLCs) by U.S. states.
The Fundamental Orders were adopted by the Connecticut Colony council on January 14, 1639 OS (January 24, 1639 NS). [1] [2] The fundamental orders describe the government set up by the Connecticut River towns, setting its structure and powers. They wanted the government to have access to the open ocean for trading.
The owners of the LLC, called members, are protected from some or all liability for acts and debts of the LLC, depending on state shield laws. In the United States, an S corporation is limited to 100 shareholders, [b] and all of them must be U.S. tax residents. [c] An LLC may have an unlimited number of members, and there is no citizenship ...
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Of Religion – Reiterates the right to free practice of religion. Of Education – Charters a free elementary school school system, the University of Connecticut, and Yale College. Of Impeachments – Sets rules for impeachment and treason trials. Of Home Rule – Gives the general assembly the right to delegate authority to cities and towns.
LLC & Co. KG: the general partner is a US LLC; Note that when a KG's general partner is a limited company, the resulting form is legally considered as a different subtype of KG; Partnerschaftsgesellschaft (PartG): partnership company; only for professional services
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