Larry Ribstein quotes from a report by the Government Accountability Office (GAO) that provides statistics on the numbers of corporations and LLCs formed in 2004. More LLCs were formed nationwide compared with the number of new corporations formed that year. Delaware has more LLCs on file than any other state. This is more evidence that the historic prominence of the corporate form is giving way to the LLC. Here is the link to the GAO report and Larry’s post:
GAO Report