3. company law in the usa
... 1) Created under state law (Articles of Organization) 2) Recognized in all 50 U.S. states 3) Owners are called “members” * Respective shares, duties, power, etc. are spelled out in an Operating Agreement (function like corporate “bylaws”) ...
... 1) Created under state law (Articles of Organization) 2) Recognized in all 50 U.S. states 3) Owners are called “members” * Respective shares, duties, power, etc. are spelled out in an Operating Agreement (function like corporate “bylaws”) ...
An LLC is a hybrid business entity which has characteristics of both
... If you decide to set up an LLC, your liability depends on the amount you have invested. For example, you invest $100,000 into your business but it goes through tough times after a year and you decide to close. Before you close the business you may have to pay your creditors. But they can only make c ...
... If you decide to set up an LLC, your liability depends on the amount you have invested. For example, you invest $100,000 into your business but it goes through tough times after a year and you decide to close. Before you close the business you may have to pay your creditors. But they can only make c ...