Douglas K. Cook Business Law Blog

In the United States, the limited liability company, or LLC, can trace its genesis to Wyoming in 1977 when Wyoming enacted its Limited Liability Company Act. Since then, all 49 other states have followed suit and enacted Limited Liability Company Acts, however, there are differences in these acts from state to state. Although this post deals specifically with The Arizona LLC Act, many of the issues discussed are germane to the acts of other states.... Read More