May 9, 2016 - Marcel Bernier Co-Chaired the LLC Committee of the Connecticut Bar Association's Business Law Section, playing an Integral Role in the Enactment of the Connecticut Uniform Limited Liability Company Act
Hartford, CT (May 9, 2016)…Connecticut House Bill 5259, An Act Concerning Adoption of The Connecticut Uniform Limited Liability Company Act (the "Act"), unanimously passed the Senate on May 4, 2016. The Act will replace the existing Connecticut Limited Liability Company Act effective as of July 1, 2017.
The Uniform LLC Act is a comprehensive and modern law which will make Connecticut a more business friendly state and encourage more businesses to form and remain in Connecticut. The Act gives LLCs greater flexibility to customize operating agreements to fit their circumstances and gives LLCs greater clarity and predictability.
Murtha Cullina Partner Marcel J. Bernier played an integral role in the enactment of the Act. Mr. Bernier Co-Chaired the LLC Committee of the Connecticut Bar Association’s Business Law Section, which spent three and a half years working toward the enactment of the Act.
Connecticut is the 18th state to adopt the Uniform Limited Liability Company Act. As a result, Connecticut businesses and attorneys will have the benefit of the Uniform Law Commission Commentary regarding the Act and the benefit of the court decisions of other Uniform LLC Act states regarding the Uniform LLC Act.
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