2013 New Jersey Revised Statutes
Title 42 - PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS
Section 42:2C-91 - Application to existing relationships.


NJ Rev Stat § 42:2C-91 (2013) What's This?

42:2C-91 Application to existing relationships.

91.Application to Existing Relationships.

a.Before the first day of the 18th month next following the enactment date of this act, this act governs only:

(1)a limited liability company formed on or after the effective date of this act; and

(2)a limited liability company formed before the effective date of this act, which elects, in the manner provided in its operating agreement or by law for amending the operating agreement, to be subject to this act.

b.On and after the first day of the 18th month next following the enactment date of this act, this act governs all limited liability companies.

L.2012, c.50, s.91.


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