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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.
Adopted in 1907, Oklahoma ratified the United States Constitution on November 16, 1907, as the 46th U.S. state. At its ratification, the Oklahoma Constitution was the lengthiest governing document of any government in the U.S. [a] All U.S. state constitutions are subject to federal judicial review; any provision can be nullified if it conflicts ...
The commission was established in 1907 and the First Oklahoma Legislature gave the commission authority to regulate public service corporations. [4]Railroad, telephone and telegraph companies were the companies first regulated by the commission, which also collected records of the stockholders, officers and directors of corporations chartered or licensed to do business in Oklahoma. [4]
The Secretary of State is an ex officio member of the Oklahoma Governor's Cabinet. As required by the Oklahoma Administrative Procedures Act and Executive Order 88-16, the Secretary of State is responsible for overseeing and operating the Office of Administrative Rules (OAR). OAR files all rules, rule making notices, and executive orders issued ...
t. e. 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] An LLC is not a corporation under the laws of every state; it is a legal form of ...
The IRS uses the information entered on the form to establish the entity's filing and reporting requirements for federal tax purposes. [3] Certain domestic and foreign entities that were in existence before January 1, 1997, and have an established federal tax classification generally do not need to make an election to continue that classification.
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