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http://ssrn.com/abstract=998281
 
 

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The Non-Uniformity of Uniform Laws


Bruce H. Kobayashi


George Mason University - School of Law

Larry E. Ribstein (Deceased)


University of Illinois College of Law; PERC - Property and Environment Research Center

October 5, 2007

U Illinois Law & Economics Research Paper No. LE07-030
CLEA 2008 Meetings Paper
2nd Annual Conference on Empirical Legal Studies Paper

Abstract:     
We present theory and evidence evaluating the work of the National Conference of Commissioners on Uniform State Laws (NCCUSL). Based on an analysis of Uniform Limited Liability Company Acts (ULLCA) promulgated in 1994 and 2006, we show that NCCUSL not only failed to move state laws toward uniformity, but reduced state uniformity that can arise in the absence of NCCUSL. We also present an institutional explanation of NCCUSL's strategy based on the provisions and history of the 2006 ULLCA. We show that the very NCCUSL institutions that are designed to produce uniformity actually may tend to undermine it.

Number of Pages in PDF File: 38

Keywords: LLC, Uniform Laws, Private Legislatures, NCCUSL

JEL Classification: K12, O34, D72

working papers series


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Date posted: July 6, 2007 ; Last revised: March 8, 2009

Suggested Citation

Kobayashi, Bruce H. and Ribstein (Deceased), Larry E., The Non-Uniformity of Uniform Laws (October 5, 2007). U Illinois Law & Economics Research Paper No. LE07-030; CLEA 2008 Meetings Paper; 2nd Annual Conference on Empirical Legal Studies Paper. Available at SSRN: http://ssrn.com/abstract=998281 or http://dx.doi.org/10.2139/ssrn.998281

Contact Information

Bruce H. Kobayashi
George Mason University - School of Law ( email )
3301 Fairfax Drive
Arlington, VA 22201
United States
703-993-8034 (Phone)
703-993-8088 (Fax)
HOME PAGE: http://mason.gmu.edu/~bkobayas
Larry Edward Ribstein (Deceased) (Contact Author)
University of Illinois College of Law ( email )
504 E. Pennsylvania Avenue
Champaign, IL 61820
United States
217-244-9881 (Phone)
217-244-1478 (Fax)
PERC - Property and Environment Research Center
2048 Analysis Drive
Suite A
Bozeman, MT 59718
United States

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