Current Acts - L

4 total

Law on Notarial Acts, Revised  

The Revised Uniform Law on Notarial Acts (2021) governs actions by a notary public, including taking an acknowledgment, administering an oath or affirmation, witnessing or attesting a signature, and certifying a copy of a document. The Act allows electronic notarization using technologies approved by the enacting state's regulatory body. The Act also authorizes remote online notarization and remote ink notarization through the use of audio-visual recording and identity-proofing technology. For more information about enacting this uniform act please contact Legislative Counsel Haley Tanzman at (312) 450-6620 or htanzman@uniformlaws.org.

 

Limited Cooperative Association Act  

The Uniform Limited Cooperative Association Act (ULCAA) creates a new form of business entity, the limited cooperative association, an alternative to other cooperative and unincorporated structures. For further information about enacting ULCAA, please contact ULC Legislative Counsel Kari Bearman at 312-450-6617 or kbearman@uniformlaws.org.

 

Limited Liability Company Act, Revised  

The Revised Uniform Limited Liability Company Act (RULLCA), a revision of the 1996 act, permits the formation of limited liability companies (LLCs), which provide the owners with the dual advantages of corporate-type limited liability and partnership tax treatment. The 2011 and 2013 amendments, enacted as part of the Harmonization of Business Entity Acts project, updated and harmonized the language in this act with similar provisions in other uniform and model unincorporated entity acts to enable the adoption of multiple acts in a single statute. For further information about enacting RULLCA please contact ULC Legislative Counsel Kari Bearman at 312-450-6617 or kbearman@uniformlaws.org.

 

Limited Partnership Act, Revised  

The Uniform Limited Partnership Act (ULPA) provides a more flexible and stable basis for the organization of limited partnerships, helping states stimulate new partnership business ventures. For further information about enacting ULPA, please contact ULC Legislative Counsel Kari Bearman at 312-450-6617 or kbearman@uniformlaws.org.