Tag Archives: California Revised Uniform Limited Liability Company Act

Oral Agreements of LLC Members Can Be the Operating Agreement

A sole member of an LLC can also have an operating agreement, whether written, oral or implied. Continue reading

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New Rules on Withdrawing from a Limited Liability Company

California’s limited liability company (LLC) law was updated when the California Revised Uniform Limited Liability Company Act (RULLCA) went into effect on January 1, 2014.  The California RULLCA is found in California Corporations Code, sections 17701.01 et seq.  One of … Continue reading

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