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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.
California, New York, and Texas use separate subject-specific codes (or in New York's case, "Consolidated Laws") which must be separately cited by name. Louisiana has both five subject-specific codes and a set of Revised Statutes divided into numbered titles.
In a blow to the Biden administration's effort to increase corporate transparency, an Alabama federal district judge has ruled that the Treasury Department cannot require small business owners to ...
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The first in this line of laws was enacted in June 1976, when President Gerald Ford signed Public Law 94-305 creating an Office of Advocacy within the U.S. Small Business Administration (SBA), [3] and giving that Office responsibility for assessing the impact of federal regulations on small firms. The law called on the Office of Advocacy to ...
The law of most of the states is based on the common law of England; the notable exception is Louisiana, whose civil law is largely based upon French and Spanish law.The passage of time has led to state courts and legislatures expanding, overruling, or modifying the common law; as a result, the laws of any given state invariably differ from the laws of its sister states.
The Alabama Legislature is the legislative branch of the government of the U.S. state of Alabama.It is a bicameral body composed of the House of Representatives and Senate.It is one of the few state legislatures in which members of both chambers serve four-year terms and in which all are elected in the same cycle.
The West Virginia municipal B&O tax is a gross receipts tax, with no deductions whatsoever allowed. Rates vary according to the type of business, and differ from city to city. [8] For example: The state capital, Charleston, divides businesses into 14 categories for purposes of B&O taxation. Rates ranging from $0.15 per $100 gross receipts for ...