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16 Oct 2017, 3:33 am by Peter Mahler
” The Award Agreement also provided that it was subject to the operating agreement’s terms, and included Tungsten’s signed affirmation to be bound by the terms of the operating agreement. [read post]
16 Oct 2017, 3:33 am by Peter Mahler
” The Award Agreement also provided that it was subject to the operating agreement’s terms, and included Tungsten’s signed affirmation to be bound by the terms of the operating agreement. [read post]
30 Jan 2015, 8:55 am by Jason L. Odom
Upon forming the company, Bertram and his sister executed an operating agreement which outlines the business’s basic structure and gave each of them—as an owner—a 50% “Membership Interest” in the company. [read post]
11 Nov 2019, 2:25 pm by Maurice W. McLaughlin
  The Amended Operating Agreement which governed valuation of the business upon member retirements provided that: Continue reading [read post]
6 Feb 2021, 3:29 pm by Cari Rincker
The LLC structure provides its members with legal protection against lawsuits and requires less paperwork and formality than a corporation. [read post]
2 Feb 2022, 8:16 pm by Steven C. Bersticker
Otherwise, the Secretary of State will have the ability to impose statutory penalties, including canceling an Ohio LLC’s articles, or a foreign LLC’s Ohio registration, after providing the LLC with a 30-day notice to cure the failure. [read post]
30 Apr 2019, 4:54 am by Carl Neff
  The operating agreement provides that members shall receive advancement if they are made party to an action by reason of their status as a member. [read post]
8 Jul 2016, 10:36 am by Katya Mezek
Dissolving the LLC  In order to voluntarily dissolve an LLC, the member(s) should first look to the company’s formational documents, which are the articles of organization and operating agreement. [read post]
22 Feb 2016, 7:28 pm by Michael Smith
” Indiana Code § 23-18-6-1, in turn, provides in relevant part that “a person may become a member in a limited liability company . . . in the case of a person acquiring an interest directly from the limited liability company, upon compliance with the operating agreement or if the operating agreement does not provide in writing, upon the written consent of all members. [read post]
16 Jun 2012, 8:37 am by Troy B. Rider
A series limited liability company, commonly known as a series LLC, is a special form of a limited liability company that provides liability protection across multiple “series” or “cells” each of which is protected from liabilities arising from the other series if certain requirements of state law are followed. [read post]
16 Feb 2012, 5:41 am by Jeffrey W. Berkman, Esq.
   Taxation of a Limited Liability Company:   LLC’s provide all the protection of a corporation (thus unlike a partnership, the members of an LLC have limited personal liability for the LLC’s debts). [read post]
7 Jun 2021, 8:42 am by IncNow
You may form a non-profit corporation and operate an LLC wholly owned by said corporation. [read post]
24 Oct 2017, 9:38 am by Christopher J. Gray
  The Company’s primary investment objective is to acquire investments primarily in low-technology, low-obsolescence equipment such as the core operating equipment used by companies in the manufacturing, mining, and transportation industries. [read post]
25 May 2011, 3:49 pm
However, those two (or three) steps are a bare minimum to form an LLC in Arizona; in order to provide for the internal governance of the LLC, an LLC operating agreement can be very useful. 1) File Articles of Organization The Arizona LLC Act requires the Articles of Organization to contain: A) the name of the limited liability company, B) the name, street address in Arizona and signature of the agent for service of process, C) the… [read post]
16 Sep 2023, 11:15 am by Katelynn Minott, CPA & CEO
This document officially establishes your LLC, and you’ll need to provide details like your LLC’s name, address, and the purpose of your business. [read post]
24 Sep 2021, 9:48 am by IncNow
The Operating Agreement must explicitly state that the LLC is a “statutory public benefit limited liability company”. [read post]
20 Mar 2019, 8:43 am by Anthony Bareno
  In a California member-managed LLC, the members manage the company by membership voting. [read post]
29 Jul 2020, 12:53 pm by IncNow
Before the birth of the Series LLC, the only option available to companies was to form multiple LLCs. [read post]
21 Sep 2017, 11:29 am by Doyle, Barlow & Mazard PLLC
On September 21, 2017, the DOJ’s Antitrust Division issued a business letter stating that it would not challenge a proposal by The Clearing House Payments Company LLC (“TCH”), a joint venture of 24 U.S. banks, to create and operate a new payment system that will enable the real-time transfer of funds between depository institutions, at any time of the day, on any day of the week. [read post]
15 Aug 2009, 2:21 pm
LLCs are great small business entities because they provide limited liability while also providing flexibility for taxing purposes. [read post]