LLC Law definition

LLC Law has the meaning set forth in Section 1.1.

LLC Law means the Delaware Limited Liability Company Law.

LLC Law means Russian Federal Law No. 14-FZ of 8 February 1998 “On Limited Liability Companies” (as amended);

Examples of LLC Law in a sentence

• In June 2018 the new Law of Ukraine on Limited and Additional Liability Companies (New LLC Law) came into effect presenting certain innovations for regulating the formation of a company management body (including general managers).

• OUTLOOKThere has been a recent development in Cayman law which may affect the type of Cayman entity used in Islamic finance transactions: the Limited Liabilities Companies Law 2016 (the LLC Law) has created a new class of Cayman entity – a limited liability company (LLC), which is similar to a Delaware limited liability company.

• Under the LLC Law, an assignment of a membership interest does not entitle the assignee to become or to exercise any rights of a member.

• The LLC Law specifies the events the occurrence of which causes a member of a limited liability company to cease being such a member.

• Although the New LLC Law leaves open the theoretical possibility of appointing someone to head such a management body based on either an employment or a civil law contract, and presents additional grounds for termination of employment, the wording of the current version of the New LLC Law is vaguely drafted in this respect.

More Definitions of LLC Law

LLC Law means the New York Limited Liability Company Act, as amended from time to time, and any successor to such statute.

LLC Law means the Federal Law of the Russian Federation No. 14-FZ of 8 February 1998 “On Limited Liability Companies”;

LLC Law has the meaning set forth in the recitals of this Agreement.

LLC Law has the meaning set forth in the Recitals.

LLC Law means the Limited Liability Companies (Jersey) Law 2018;

LLC Law means the Texas Limited Liability Company Act or any successor statute as in effect from time to time.

LLC Law means the Limited Liability Companies Law, 2016, of the Cayman Islands, as the same may be amended from time to time.