Business Law

Can a California LLC have non voting members? An LLC can have multiple membership classes. This flexibility allows for non-voting members, profit interests, income interests, and others. Cal. Read more on counselforcreators.com A limited liability company (LLC) is a sort of corporate organization that combines the adaptability of a partnership with the liability protection of … Read more

Do I need a business license if I have an LLC in Colorado? The State of Colorado does not issue or require a generic general business license. Licenses are issued by various state agencies for specific types of business, activities and professions. Read more on www.coloradosbdc.org You might be asking if you need a business … Read more

Do I need a registered agent in Massachusetts? A Massachusetts registered agent must be open during regular business hours to accept legal documents, and all documents must be forwarded to clients in a timely manner. Massachusetts requires all registered businesses to have a registered agent. Read more on www.northwestregisteredagent.com You may be unsure whether you … Read more

What is the legal structure of a partnership? A partnership is when 2 or more people operate a business as co-owners and share income. All co-owners (i.e. partners) act on behalf of each other in the business. Like the sole trader structure, a partnership entity is not separate from its operators. Read more on www.business.qld.gov.au … Read more

Does an LLC require an operating agreement? All LLC’s should have an operating agreement, a document that describes the operations of the LLC and sets forth the agreements between the members (owners) of the business. LLCs are formed under state laws, so the requirement to have an operating agreement is different for each state. Read … Read more

Can a holding company own a Series LLC? The series LLC business structure is attractive to holding companies. A holding company doesn’t actively operate businesses-it simply exists and owns. As a series LLC, the holding company would own all of the individual series beneath its umbrella. Read more on www.score.org A sort of business entity … Read more

What is a registered agent for LLC in NC? Registered agents in North Carolina are tasked with the duty of receiving and accepting all service of process and official notifications on a business’ behalf. Every corporation, LLC, LP and LLP in North Carolina are required by law to have a registered agent. Read more on … Read more

What are the requirements for establishing a corporation in Nebraska? Step 1: Name Your Nebraska Corporation. Step 2: Choose a Nebraska Registered Agent. Step 3: Hold an Organizational Meeting. Step 4: File the Nebraska Articles of Incorporation. Step 5: Publish a Notice of Incorporation. Step 6: Get an EIN for Your Nebraska Corporation. Read more … Read more

Can you fire a partner in an LLC? In cases of severe disagreement or incompatibility within a limited liability company, firing one or more owners, referred to as members, may be an option. However, generally an LLC may only fire a member when the operating agreement allows it, and if the owner is compensated for … Read more

How do you find out if a company is a legal entity? The Secretary of State where the company is incorporated You can find out whether the company is a corporation in good standing and has filed annual reports with the state through the secretary of state where the company is incorporated. Read more on … Read more