Which of the following is a correct statement regarding the Uniform Limited Liability Company Act (ULLCA) ?
A) The National Conference of Commissioners on Uniform State Law issued the ULLCA.
B) The ULLCA covers the formation, but not the operation and termination, of LLCs.
C) The ULLCA covers the operation, but not the formation and termination, of LLCs.
D) The ULLCA covers the termination, but not the formation and operation, of LLCs.
Correct Answer:
Verified
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