The LLC was created in 1977 by an unlikely state. The Limited Liability Company has since become the entity of choice for the majority of business owners. Read the history behind the LLC to get a better understanding of how this entity works.
Create An LLC
Maintain An LLC
- Author: Spencer
- Published: May 26th, 2009
- Comments: None
- Category: Articles of Organization, LLC Corporate Veil Protection, LLC Registrations (LLC Filing Process), Limited Liability Company Explained, Limited Liability Company History
A History Of The Limited Liability Company. Helps You Understand the LLC
- Author: Spencer
- Published: May 20th, 2009
- Comments: None
- Category: A's To Q's From Readers, LLC Corporate Veil Protection, LLC Operating Agreement, LLC Structure, Limited Liability Company Explained, Limited Liability Company History, Multi-Member LLC, Single Member LLC
Forming An LLC With A Straw-Man Member Does Not Necessarily Fix The Single-Member LLC Problem
It is becoming prudent in many states to add an additional member to your LLC. It is important however not to appear as though you are adding a straw-man member. All LLC members must have a legitimate interest in the LLC, but what is a “legitimate interest” may be a matter of perspective.
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As a business law attorney and founder of STARTright, Spencer Rose is the driving force behind STARTright, and the voice behind STARTright Talk. A graduate of Boston University School of Law, Spencer developed STARTright to help entrepreneurs navigate the waters of starting a new business, especially the legal and tax aspects. "Talk is my opportunity to write about all kinds of aspects affecting entrepreneurship and business building." Follow Me On These Services
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