Which of the following is true regarding the Uniform Limited Liability Company Act? Multiple Choice Limited liability companies must follow the act completely in order to be recognized on a national level. Because LLCs are relatively new, not many states have accepted the Uniform Limited Liability Company Act. Limited liability companies can choose to follow the Act or not; however to get federal tax breaks, LLCs must follow the Act. The Uniform Limited Liability Company Act sets out the parameters for doing business on the internet. Limited liability companies are treated the same as limited partnerships under the Act