The Non-Uniformity of Uniform Laws
JOURNAL OF CORPORATION LAW, VOL. 35 (Winter 2010), pp. 327-392
38 Pages Posted: 6 Jul 2007 Last revised: 7 Jul 2015
Date Written: October 5, 2007
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.
Keywords: LLC, Uniform Laws, Private Legislatures, NCCUSL
JEL Classification: K12, O34, D72
Suggested Citation: Suggested Citation