How The UPSA, The ULLCA And The Operating Agreement Work Together: Section 106. Section 106(a) sets out what the Operating Agreement for a series LLC will govern in terms of internal affairs, ...

On July 19, 2017, the Uniform Law Commission (ULC) approved the Uniform Protected Series Act (UPSA) at its annual meeting. Your humble writer was an ABA Adviser to the Drafting Committee for the ...