Legal

Can solicitors hold money in escrow? Law firms regularly act like an escrow agent in legal transactions by holding funds in the client account until completion. The vital difference is that the solicitor holding those funds will be acting for one of the parties on the transaction itself. Read more on www.jonathonbray.com Lawyers frequently take … Read more

How do you register a dance company? Register a Company. Choose Your State Of Incorporation. Assign a Registered Agent. Get Your Certificate of Incorporation. Open a Business Bank Account. Obtain a Certificate of Occupancy. Landlords Should Provide COs. Comply With State Regulations. Obtain Music Licenses. Read more on blog.ipleaders.in One of the most well-liked and … Read more

Hotels are a common choice of lodging for visitors and travelers, but what happens if a guest’s possessions are stolen while they are staying at a hotel? Is the hotel responsible for the theft? The circumstances surrounding the theft and the hotel’s liability rules are just two of the variables that affect the answer to … Read more

The Michigan Limited Liability Company Act has a specific provision for what is called a low-profit LLC for charitable or educational purposes. The position of the IRS is that an LLC may only be granted tax-exempt status if all of the members of the LLC are exempt organizations. Read more on www.legalzoom.com A limited liability … Read more

What is the third department in New York? The Third Department includes just over half of New York’s land area and contains about one seventh of the State’s population. The Appellate Division hears appeals directly from the Supreme Court, County Courts, Family Courts, Surrogate’s Courts and the Court of Claims. Read more on www.nycourts.gov The … Read more

Can you sue a dissolved LLC in Massachusetts? Yes, in certain circumstances. You may be able to sue a dissolved corporation or a dissolved limited liability company for a period of time after dissolution, especially if it failed to wind up its business and dissolve properly. Read more on www.findlaw.com If you are considering suing … Read more

A registered agent must be chosen as one of the prerequisites when starting a business in Washington, DC. A registered agent is a person or organization chosen to receive court papers for the company, such as lawsuits and subpoenas. The registered agent must be readily accessible during regular business hours and have a physical address … Read more

What states recognize series LLCs? Some states allow you to form a series LLC and other states don’t. Other states that have a series LLC option include Alabama, Arkansas, Delaware, District of Columbia, Illinois, Indiana, Iowa, Kansas, Missouri, Montana, Nevada, North Dakota, Oklahoma, Puerto Rico, Tennessee, Texas, Utah, Virginia, Wyoming. Read more on www.thebalancesmb.com The … Read more

What is a corporate operating agreement? An operating agreement is a key document used by limited liability companies (LLCs) to outline the business’ financial and functional decisions including rules, regulations and provisions. An operating agreement is similar in function to corporate by-laws, or analogous to a partnership agreement in multi-member LLCs. Read more on en.wikipedia.org … Read more

Does a single member LLC need an operating agreement in PA? Pennsylvania does not require an SMLLC to have an operating agreement. However, even though an SMLLC has just one member, an operating agreement is highly recommended. An SMLLC operating agreement does not need to be filed with the state. Read more on www.nolo.com A … Read more