Which of the following is correct regarding the Uniform Limited Liability Company Act $($ULLCA$)?$

A$.$ It is a state law that is currently recognized in thirty$-$six $(36)$ states.

B$.$ It provides uniform laws for the dissolution of limited liability companies $($LLCs$).$

C$.$ It provides comprehensive laws for the formation of corporations.

D$.$ It governs the formation and operation of sole proprietorships.