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LLC Act

New Jersey Revised Uniform Limited Liability Company Act

On March 18, 2013, the Revised Uniform Limited Liability Company Act (“RULLCA”) will take effect in the State of New Jersey. RULLCA contains significant changes to the existing limited liability company act, including changes to duties of managers and members, deviation from voting in proportion to ownership interest, new procedures for dissolution, and new provisions affecting the withdrawal of members.

The new law will immediately affect any limited liability company formed after March 18, 2013; however, all limited liability companies, even those formed prior to March 18, 2013, will become subject to RULLCA effective March 1, 2014. Limited liability companies formed prior to March 18, 2013 have the right to “opt-in” to RULLCA prior to March 1, 2014 and there may be meaningful reasons to consider such an undertaking.

Now is a good time to have an attorney review any New Jersey limited liability company in which you may have an ownership or managerial interest. While periodic “check-ups” are recommended as a matter of course, with these sweeping changes in the law, it is important to have any limited liability company and its operating agreement reviewed at this time to help ensure that your intended expectations are covered under the new law.




  • Ian Hammett- Estate Planning Article Series

    Tips for College Students & Parents: Be Prepared

    As families begin to plan for their child’s transition into college, there are many practical logistics to consider. One such item that should be on the top of the list is to ensure they are prepared to be on their own from a legal perspective. At Mason, Griffin & Pierson, we offer a program to counsel college students and their parents in such matters.
    To find out more about preparing documents for your student, Click Here.

    “Do I really need a Will?“ The answer for almost all adults in New Jersey, from those just starting out to those well into retirement years, is yes, you should have a Will.

    At Mason, Griffin & Pierson, we can assist clients develop a comprehensive estate plan to express their wishes that incorporates, as appropriate, estate and gift tax planning strategies and prepare the documents. Documents include Last Wills and Testaments, Powers of Attorney, and Advance Directives for Health Care.
    To find out more about estate planning, Click Here.
    To schedule a no obligation consultation, Click Here.


  • New Reporting Requirements Corporate Transparency Act

    On January 1, 2024, reporting requirements under the Corporate Transparency Act ("Act"), went into effect. All businesses subject to the Act will have to report specific information on the company and certain individuals that own and/or control the company. Mason, Griffin & Pierson is happy to guide you through this reporting process and answer any questions that you may have. Please do not hesitate to reach out if you would like our assistance.


  • Sharon A. Dragan receives the Michael A. Pane Ethics In Government Award

    Congratulations to Sharon A. Dragan for receiving the Michael A. Pane Ethics In Government Award. The award was presented by the NJILGA at the New Jersey State League of Municipalities November convention. The Michael A. Pane Ethics In Government Award honors a municipal professional who exemplifies the highest standards of ethics and whose work has significantly enhanced the integrity of local government. November 2023 The Michael Pane Award, established by the Pane Family and the New Jersey State League of Municipalities, is given in honor of Michael A. Pane, Sr., who was the long-time editor of the Municipal Law Review, president and trustee of the New Jersey Institute of Municipal Attorneys, counsel to the New Jersey Association of Municipal Clerks, counsel to the League of Municipalities and author of the New Jersey Practice Series, Local Government Law volumes.



  • Liz Zuckerman appointed to the District VII Ethics Committee:

    The Supreme Court of New Jersey appointed Elizabeth Zuckerman to serve on the District Ethics Committee for District VII (DEC VII) for a three-year term. The district includes Mercer County. August 23, 2023



  • Paul M. Bishop named Director

    We are pleased to announce the election of Paul M. Bishop to the Board of Directors, Mason, Griffin & Pierson, PC. Paul, one of the firm’s senior litigators, practices business, commercial, and general litigation, and represents clients in complex disputes throughout New Jersey’s state and federal courts. July 2023

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