Title 6 > Chapter 18 Authenticated PDF LIMITED LIABILITY COMPANY ACT Subchapter I. General Provisions Subchapter II. Formation; Certificate of Formation Subchapter III. Members

Justia › U.S. Law › U.S. Codes and Statutes › Delaware Code › 2025 Delaware Code › Title 6 - Commerce and Trade › Chapter 18. LIMITED LIABILITY COMPANY ACT

Sep 6, 2024 · The basic approach of the DLLC Act is to let the parties define their business relationship in the limited liability company agreement, and to provide rules only for those matters on which the …

Limited liability company agreement: means any agreement (whether referred to as a limited liability company agreement, operating agreement or otherwise), written, oral or implied, of the member or …

Dec 27, 2025 · Delaware’s LLC Act governs how limited liability companies are formed, managed, and dissolved within the state. This article outlines the Act’s key provisions, the steps for formation, and …

Learn about the Delaware Limited Liability Company Act, including highlights, amendments, and links to the laws themselves.

Jan 3, 2025 · Explore the essentials of the Delaware LLC Act, including formation, management, and member liability protections.

/ U.S. State Codes / Delaware / Title 6 - Commerce and Trade / Chapter 18. Limited Liability Company Act

A limited liability company is bound by its limited liability company agreement whether or not the limited liability company executes the limited liability company agreement.

Jul 9, 2025 · The LLC Act, LP Act, and the GP Act, along with the Delaware Statutory Trust Act (the “Statutory Trust Act”), are sometimes referred to as the “Alternative Entity Statutes.”