Duty of Care Archives - Focus Law LA

Updated California LLC Law Changes Default Rules and Adds Flexibility to Fiduciary Duties

by divi | Feb 5, 2014 | Business Litigation, Business Start Ups, Corporate Law, Limited Liability Company Law, Partnership Law

st of 2014 by the new California Revised Uniform Limited Liability Company Act (RULLCA). The new provisions of RULLCA significantly alter the default and mandatory rules that previously governed California based LLCs. Although many of the provisions are similar to the...

Updated California LLC Law Changes Default Rules and Adds Flexibility to Fiduciary Duties

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