In Part 2 of the Limited Liability Company operating agreement, I discuss the way the LLC is different from the partnership or corporation because it is not bound by a lot of case law that imposes fiduciary duties. We assess John Cunningham’s strategy for understanding the LLC Act, and how it helps us to write an effective operating agreement.
Create An LLC
Maintain An LLC
- Author: Spencer
- Published: May 28th, 2009
- Comments: None
- Category: LLC Operating Agreement, Limited Liability Company compared to other entities
The Limited Liability Company Operating Agreement Part 2; Building The Agreement From The Issues
- Author: Spencer
- Published: May 15th, 2009
- Comments: 3
- Category: A's To Q's From Readers, LLC Corporate Veil Protection, LLC Liability, Limited Liability Company Explained, Putting Property In An LLC, Series LLC, The LLC and Real Estate
Do I need to form an LLC for each rental property I own?
So you own rental properties, and you need to protect them. Do you form an LLC for every single rental property? Or do you throw all the eggs into the same basket. I discuss it here.
- Author: Spencer
- Published: Feb 12th, 2009
- Comments: None
- Category: Articles of Organization, California LLC, LLC Documentation & Forms, LLC Registrations (LLC Filing Process)
Forming a California LLC Does Not Have To Take Forever
Forming an LLC in California creates problems for those who need their business up and running but do not live near Sacramento. The STARTright submission service really helps to move this process along. California LLCs get formed much faster.
- Author: Spencer
- Published: Jan 13th, 2009
- Comments: None
- Category: A's To Q's From Readers, Articles of Organization, LLC Corporate Veil Protection, LLC Documentation & Forms, LLC Liability, LLC Operating Agreement, LLC Registrations (LLC Filing Process), LLC Tax, Limited Liability Company, Limited Liability Company Explained, Organize vs Incorporate, Single Member LLC
Create an LLC, Maintain an LLC: How STARTright helps LLC Owners
For those who do not know, STARTrightllc.com is a new web site where business owners may go to create and maintain an LLC. The Utah LLC was the first to be available this summer in July. The California LLC and the Arizona LLC followed quickly in late July early [...]
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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." 

