{"version":"1.0","provider_name":"Arizona LLC Law","provider_url":"https:\/\/www.keytlaw.com\/azllclaw","author_name":"Richard Keyt","author_url":"https:\/\/www.keytlaw.com\/azllclaw\/author\/1llclawyer\/","title":"Arizona Adopts an Entirely New LLC Law Effective 9\/1\/19","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"MBHM3nkZ4b\"><a href=\"https:\/\/www.keytlaw.com\/azllclaw\/2018\/04\/allca\/\">Arizona Adopts an Entirely New LLC Law Effective 9\/1\/19<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.keytlaw.com\/azllclaw\/2018\/04\/allca\/embed\/#?secret=MBHM3nkZ4b\" width=\"600\" height=\"338\" title=\"&#8220;Arizona Adopts an Entirely New LLC Law Effective 9\/1\/19&#8221; &#8212; Arizona LLC Law\" data-secret=\"MBHM3nkZ4b\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.keytlaw.com\/azllclaw\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","description":"On April 10, 2018, Arizona Governor Ducey signed Senate Bill 1353, a law that will entirely replace existing Arizona limited liability company law with a new LLC law.\u00a0 Arizona&#8217;s new LLC law called the &#8220;Arizona Limited Liability Company Act&#8221; (ALLCA) is effective September 1, 2019, for Arizona LLCs created after August 31, 2019.\u00a0 All Arizona LLCs created before September 1, 2020, will become subject to the ALLCA from and after August 31, 2020. In the coming months I will be adding a lot of articles, blog posts and videos on our Youtube channel about the new law and its affect on members and managers of Arizona LLCs.\u00a0 Here are some important facts about Arizona&#8217;s new LLC law: The new ALLCA will govern all 800,000+ Arizona LLCs that exist after August 31, 2020. Beginning September 1, 2020, all Arizona court cases that deal with Arizona&#8217;s current LLC law will be effectively eliminated. Beginning September 1, 2020, Operating Agreements drafted for current LLC law will become obsolete and all Arizona LLCs will need an Operating Agreement drafted pursuant to the new ALLCA. All Arizona LLCs created after August 31, 2019, will need an ALLCA compliant Operating Agreement. All of the LLCs we form after May 31, 2018, will have an ALLCA compliant Operating Agreement. Starting June 1, 2018, we will sell ALLCA compliant Operating Agreements to existing Arizona LLCs.\u00a0 If you have an existing Arizona LLC you should join the free ALLCA newsletter email list offered below to get information about when and how to purchase a new ALLCA compliant Operating Agreement for your Arizona LLC. An ALLCA compliant Operating Agreement will be critically important for all multi-member LLCs because a good Operating Agreement will eliminate many [...]"}