Search for: "Provident Operating Company, LLC"
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11 May 2010, 7:47 am
You can avoid this by including in your operating agreement a "buy-sell" provision to provide guidelines in the event a member is no longer involved. [read post]
10 May 2024, 7:16 am
Firstly, the Illinois Limited Liability Company Act (805 ILCS 180/15-3) specifies that a member of a manager-managed LLC does not owe a fiduciary duty to the LLC unless they are a manager under the terms of the operating agreement (Katris v. [read post]
22 Oct 2018, 3:17 am
Consider the following hypothetical: The operating agreement of an LLC vests management authority in its two members. [read post]
30 Jul 2013, 1:15 pm
HEA 1394 provides a third choice -- officers, who may or may not be members. [read post]
3 Sep 2022, 3:27 pm
Many small businesses choose to form an LLC for the liability protection it provides. [read post]
2 Nov 2023, 12:59 pm
The LLC Operating Agreement is the internal document that details how the company should operate. [read post]
16 May 2023, 6:55 am
Limited Liability Company laws in New Jersey and many states provide a cause of action for the oppression of minority members of company against those in control of the business. [read post]
27 Jan 2023, 10:10 am
The default statutory rules for manager managed LLCs provide a significantly more organized operating structure. [read post]
27 Jan 2023, 10:10 am
The default statutory rules for manager managed LLCs provide a significantly more organized operating structure. [read post]
6 Feb 2020, 1:47 am
Finally, to form an LLC, you must create an operating agreement. [read post]
4 Oct 2022, 9:55 am
The limited liability company statutes in many states provide for dissociation of those entities. [read post]
20 Aug 2018, 10:14 am
The members of the LLC invoked a provision of the company’s operating agreement to compel the “withdrawal” of the defendant member Shah. [read post]
12 Oct 2011, 9:46 am
A well-planned operating agreement can provide the answer and quickly resolve the dispute. [read post]
15 Jul 2013, 10:51 am
However RULLCA provides that LLCs are member-managed unless the articles of organization and a written operating agreement state that the LLC will be manager-managed. [read post]
15 Jul 2013, 10:51 am
However RULLCA provides that LLCs are member-managed unless the articles of organization and a written operating agreement state that the LLC will be manager-managed. [read post]
15 Jul 2013, 10:51 am
However RULLCA provides that LLCs are member-managed unless the articles of organization and a written operating agreement state that the LLC will be manager-managed. [read post]
19 Jan 2018, 12:48 pm
However, it is otherwise difficult for the public to ascertain ownership of private companies, assuming there is not a Michael Cohen involved to provide helpful clues. [read post]
2 Feb 2022, 1:37 pm
An S corporation or C corporation classification could provide tax savings depending on factors such as how the business is operated and how payments are made. [read post]
1 May 2021, 9:29 am
The limited liability company (LLC) is one of the most commonly used business entity types. [read post]
24 Jul 2023, 12:15 am
Section 17701.10 of California's Revised Uniform Limited Liability Company Act (RULLCA) provides that an operating agreement serves the following four purposes: Relations among the members as members and between the members and the limited liability company; The rights and duties under RULLCA of a person in the capacity of manager; The activities of the LLC and the conduct of those activities; and The means and conditions for… [read post]