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10 Oct 2018, 5:58 pm by Gina Bongiovi
 For Member-Managed LLCs with no Operating Agreement, the members can do pretty much anything they please with the company. [read post]
24 Apr 2024, 12:26 pm by Matthew Dochnal
Manager-Managed LLCs are often a good choice for companies with many owners. [read post]
27 Jan 2023, 10:10 am by Joseph Luna
The members or managers of a limited liability company (“LLC”) have the power to control the business and affairs of the LLC depending on whether the LLC is “member managed” or “manager managed”. [read post]
27 Jan 2023, 10:10 am by Joseph Luna
The members or managers of a limited liability company (“LLC”) have the power to control the business and affairs of the LLC depending on whether the LLC is “member managed” or “manager managed”. [read post]
18 May 2023, 10:47 am by Matthew Dochnal
In a single-member LLC, the sole member is also typically the manager of the company. [read post]
13 Sep 2011, 7:54 am by admin
For example, many states would allow a member of a manager-managed LLC to compete with the LLC, but a manager cannot. [read post]
25 Apr 2023, 7:24 am by Matthew Dochnal
A “Manager” handles the company’s daily operations but usually isn’t part of the ownership structure or involved in significant company decisions involving LLC Members. [read post]
21 Sep 2011, 7:16 am by Jeffrey W. Berkman, Esq.
  Under the New York Limited Liability Company Law sections 401 and 408, an LLC can either be member Managed or Manager Managed. [read post]
14 Sep 2018, 1:50 pm by IncNow
Members will have interests that are associated with various rights, including the right to share in the profits and losses of the company, to receive distributions from the company, and to participate in the management of the company. [read post]
6 Jun 2014, 12:22 pm
Member Managed LLC or Manager Managed LLC This type of structure only applies to Multiple Member LLC's. [read post]
A manager of an LLC may recover costs incurred “in the course of the member’s or manager’s activities on behalf of the company. [read post]
13 Jul 2020, 6:14 am by Parrish McLeod
GEM Management, LLC is a property management company that operates throughout North Carolina. [read post]
16 Feb 2022, 8:29 am by IncNow
Your LLC has some flexibility with LLC officer titles, but there are certain roles most companies like to fill within the LLC. [read post]
2 Dec 2018, 3:34 am by Cari Rincker
You need to know, at the outset, who will manage operations, both for the success of your business and because the Limited Liability Company (LLC) operating agreement demands it. [read post]
29 Nov 2008, 8:57 am
A receiver appointed for the LLC had sought damages from the managers for the company's sales of timeshare interests in luxury motor coaches. [read post]
19 Jul 2020, 12:42 pm by J. Ross Pepper
Conduct Affecting the LLC or LLC Members If the manager’s or member’s conduct affected members of the LLC or the LLC, the liability of that manager or member will be determined by §48-249-403 of the Tennessee Revised Limited Liability Company Act (the “Act”) (this assumes the LLC in question was formed after January 1, 2006 and is, thus, governed by that Act). [read post]
25 Jul 2016, 6:17 am
The Delaware Court of Chancery recently issued an important opinion addressing the ability of managers of a limited liability company to delegate to non-managers. [read post]