This Article describes how and why the LLC Act was passed, and provides a general outline of the LLC form in Washington. Section II outlines the perceived barriers to operating a business in Washington state. Section III sets out a brief legislative history of the Act, including the attempts by the Washington State Trial Lawyers Association to block the legislation, and proposed amendments to the legislation. Section IV describes the specifics of the LLC entity by reference to the Washington Limited Liability Company Act. Section IV also presents the comparative advantages of LLCs to other business forms. Finally, Section V concludes by discussing the specific advantages LLCs can provide to Washington State by encouraging domestic and foreign investment in the local economy.
Jessica A. Eaves, A Step in the Right Direction: Washington Passes the Limited Liability Company Act, 18 SEATTLE U. L. REV. 197 (1994).