Limited Liability Company – Introduction to Basic Principles
The Limited Liability Company or LLC is really a fusion of two forms of business entity status. Each has unique positive attributes and legal protections.
The operating agreement is a formal document creating the financial, control and business relationship between partners or members of a business. It is typically found in Limited Liability Corporations and Limited Partnerships.
The Limited Liability Company or LLC is really a fusion of two forms of business entity status. Each has unique positive attributes and legal protections.