Selling an LLC in Indiana: What You Need to Know

Can you sell an LLC IN Indiana? If the LLC doesn’t have an OA, then the sale/transfer defaults to Indiana law. If you want to transfer LLC ownership in Indiana but don’t want to legally dissolve the LLC, you have two options: a partial sale/transfer (also known as a buyout) or a full entity sale. … Read more

Can an LLC own another LLC in Tennessee?

As for the legality of ownership, an LLC is allowed to be an owner of another LLC. LLC owners are known as “”members.”” LLC laws don’t place many restrictions on who can be an LLC member. LLC members can therefore be individuals or business entities such as corporations or other LLCs. Read more on www.legalzoom.com … Read more

Partnership Agreement in California: Do You Need One?

You might be asking if a partnership agreement is necessary for your company if you own a business in California. The quick answer is no, however it is strongly advised. A legally binding document outlining the terms and conditions of a partnership between two or more parties is known as a partnership agreement. Having a … Read more

How Much is a Single-Member LLC in Texas?

How much is a single-member LLC in Texas? What does it cost to form a single-member LLC in Texas? It costs $308.10 to form a single-member LLC in Texas plus the service fee charged by the person (if any) that forms the LLC for you. A single-member LLC must file a Certificate of Formation with … Read more

Using an Expired Business Name in Utah: Is it Allowed?

Selecting a name that accurately describes your brand and services is one of the most crucial steps in beginning a business. What transpires, though, when the chosen business name expires? Is it still functional? Utilizing an out-of-date business name is typically prohibited in Utah. For the purpose of regulating commercial entities in the state, including … Read more

How Long Does an LLC Last in New York?

How long does an LLC last in New York? two years The State of New York requires all LLCs to file a biennial statement every two years with the New York Department of State. The biennial statement typically includes information about your business and can be filed online. Read more on howtostartanllc.com In New York … Read more

Can LLC Have Two Managing Members? Explained

Can LLC have two managing members? Can an LLC have two managing members? Yes. A multi-member LLC can have as many managing members as desired. Read more on howtostartanllc.com Due to its adaptability and tax advantages, Limited Liability Companies (LLCs) have grown in favor in recent years. The flexibility of a partnership and the restricted … Read more