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Advancing The New Jersey Limited Liability Company by Genevieve K. LaRobardier
Bressler, Amery & Ross A Professional Corporation - New York Office
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March 6, 2012
Previously published on March 6, 2012
The New Jersey Legislature is about to take on the streamlining of regulations for formation, structure, and operation of the Limited Liability Company, deemed popular in this state. Recently introduced identical Bills S2944 and A1543 propose advancements derived from the national Revised Uniform Limited Liability Company Act and two decades of New Jersey experience with its LLC Act. Beyond the limited liability of the entity, the LLC is permitted favorable operational and taxation choices.
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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