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Topic: Harmonization of Business Entity Acts – number of filings?

Question by: Meredith S. Klinger

Jurisdiction: Pennsylvania

Date: March 21, 2016

|Jurisdiction |Question(s) |

| |Pennsylvania is looking at adopting the Uniform Partnership Act (1997), Uniform Limited Partnership Act (2001) and the Uniform Limited Liability Company Act (1996), all |

| |as amended most recently in 2011 and 2013 as part of the Harmonization of Business Entity Acts project. These amendments harmonize the language of all three acts and |

| |include new and optional filings (for PA, at least) such as: |

| | |

| |certificate of denial/negation [of partnership or LLC authority] – for GPs, LPs, LLCs |

| |certificate of dissociation [as a partner] – for GPs and LPs |

| |voluntary termination by partners [prior to commencing business] – for LPs |

| |voluntary termination by members or organizers [prior to commencing business] – for LLCs |

| | |

| |We are trying to get a handle on how many of these filings might result from this legislation and wonder what has been the experience of other states, if any. If you |

| |have numbers of these filings annually or as a percentage of your total LP and LLC numbers that would be great. |

|Manitoba | |

|Corporations Canada | |

|Alabama | |

|Alaska | |

|Arizona | |

|Arkansas | |

|California | |

|Colorado | |

|Connecticut | |

|Delaware | |

|District of Columbia | |

|Florida | |

|Georgia | |

|Hawaii | |

|Idaho | |

|Illinois | |

|Indiana | |

|Iowa | |

|Kansas | |

|Kentucky | |

|Louisiana | |

|Maine | |

|Maryland | |

|Massachusetts | |

|Michigan | |

|Minnesota | |

|Mississippi | |

|Missouri | |

|Montana | |

|Nebraska | |

|Nevada | |

|New Hampshire | |

|New Jersey | |

|New Mexico | |

|New York | |

|North Carolina | |

|North Dakota | |

|Ohio |. |

|Oklahoma | |

|Oregon | |

|Pennsylvania | |

|Rhode Island | |

|South Carolina | |

|South Dakota | |

|Tennessee | |

|Texas | |

|Utah |Utah passed this a couple of years ago and we have not seen very many of these filings.....in fact, almost none. |

|Vermont | |

|Virginia | |

|Washington | |

|West Virginia | |

|Wisconsin | |

|Wyoming | |

Additional comments:

Full text of email:

Good afternoon.

Pennsylvania is looking at adopting the Uniform Partnership Act (1997), Uniform Limited Partnership Act (2001) and the Uniform Limited Liability Company Act (1996), all as amended most recently in 2011 and 2013 as part of the Harmonization of Business Entity Acts project. These amendments harmonize the language of all three acts and include new and optional filings (for PA, at least) such as:

certificate of denial/negation [of partnership or LLC authority] – for GPs, LPs, LLCs

certificate of dissociation [as a partner] – for GPs and LPs

voluntary termination by partners [prior to commencing business] – for LPs

voluntary termination by members or organizers [prior to commencing business] – for LLCs

We are trying to get a handle on how many of these filings might result from this legislation and wonder what has been the experience of other states, if any. If you have numbers of these filings annually or as a percentage of your total LP and LLC numbers, that would be great.

Thank you for any numbers/quantification you can provide.

Meredith S. Klinger | Division Chief

Division of Business Processing

PA Department of State|Bureau of Corporations and Charitable Organizations

401 North Street, Room 206|Harrisburg PA 17120

Phone: 717.772.2149|Fax: 717.705.0927

dos.state.pa.us

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