ULC

Acts

Business Organizations Code

Description

The Uniform Business Organizations Code (UBOC) offers an integrated, organized statutory structure for uniform unincorporated business and nonprofit entity acts. The UBOC uses the same hub-and-spoke structure used in the Uniform Commercial Code. Article 1 of the UBOC is the “Hub,” which contains provisions common to all other Articles. Articles 2 through 8 of the Code are the “spokes.” These spokes include: the Model Entity Transactions Act (2007) (Last Amended 2013), Uniform Partnership Act (1997) (Last Amended 2013), Uniform Limited Partnership Act (2001) (Last Amended 2013), Uniform Limited Liability Company Act (2006) (Last Amended 2013), Uniform Limited Cooperative Association Act (2007) (Last Amended 2013), Uniform Unincorporated Nonprofit Association Act (2008) (Last Amended 2011), and Uniform Statutory Trust Entity Act (2009) (Last Amended 2013).

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