We have aged shelf LLCs that are immediately available. Need a list of our shelf corporations? Did you ever hear of the charging order protection? Do you know how this form of protection can help you in times of trouble? In 1977, Wyoming was the first state to pass a Limited Liability Act. This was the first time the Limited Liability Company (LLC) was introduced to American business. Once the IRS recognized the LLC can be taxed as a partnership (that is, as a pass-through entity), all 50 states passed statutes creating their own version of the LLC.