(a) A limited liability company is an entity distinct from its member or members.
(b) A limited liability company may have any lawful purpose, regardless of whether for profit.
(c) A limited liability company has perpetual duration.
Conn. Gen. Stat. § 34-243g
Nature, purpose and duration of limited liability company
Known as the Connecticut Uniform Limited Liability Company Act
The act spans §§ 34–34 (117 sections).
(P.A. 16-97, S. 8.) History: P.A. 16-97 effective July 1, 2017.
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.