Asked by Barbara silva on Jun 01, 2024
Verified
Which state passed the first limited liability company (LLC) statute in 1977?
A) Wyoming
B) Nevada
C) Montana
D) Nebraska
LLC Statute
Rules and regulations governing Limited Liability Companies, outlining the formation, operation, and taxation specifics.
Wyoming
A state in the western United States known for its wide-open spaces, mountains, and national parks.
- Understand the basic historical development and transformation of the Limited Liability Company (LLC) framework within the United States.
Verified Answer
ZK
Zybrea KnightJun 07, 2024
Final Answer :
A
Explanation :
Wyoming,in 1977,passed the first LLC statute.
Learning Objectives
- Understand the basic historical development and transformation of the Limited Liability Company (LLC) framework within the United States.
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