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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.
There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal
A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation . [ 1 ]
Create the LLC Once you’ve found where you want to set up the LLC and you’re eligible, it’s time to file the articles of incorporation with the state’s department of state.
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The Secretary of State of Iowa is the commissioner of elections of the U.S. state of Iowa. A constitutional officer, the officeholder is elected every four years. The Office of the Secretary of State is divided into four divisions: Elections and Voter Registration, Business Services, Administrative Services, and Communications and Publications.
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