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  2. Operating agreement - Wikipedia

    en.wikipedia.org/wiki/Operating_agreement

    An operating agreement is similar in function to corporate by-laws, or analogous to a partnership agreement in multi-member LLCs. In single-member LLC, an operating agreement is a declaration of the structure that the member has chosen for the company and sometimes used to prove in court that the LLC structure is separate from that of the ...

  3. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    It sets forth member capital contributions, ownership percentages, and management structure. Like a prenuptial agreement, an operating agreement can avoid future disputes between members by addressing buy-out rights, valuation formulas, and transfer restrictions. The written LLC operating agreement should be signed by all of its members. [22]

  4. List of legal entity types by country - Wikipedia

    en.wikipedia.org/wiki/List_of_legal_entity_types...

    Single Member Company – Private company limited by shares or a guarantee company having a share capital, which is incorporated with one member, or whose membership is reduced to one person. Must have at least two directors and one secretary. Sole member can dispense with holding General Meetings including Annual General Meetings.

  5. Limited liability - Wikipedia

    en.wikipedia.org/wiki/Limited_liability

    In 1989, the European Union enacted its Twelfth Council Company Law Directive, [23] requiring that member states make available legal structures for individuals to trade with limited liability. This was implemented in England and Wales in the Companies (Single Member Private Limited Companies) Regulations 1992, [ 24 ] which allowed single ...

  6. Every single member of the board just resigned from DNA ...

    www.aol.com/finance/every-single-member-board...

    Following a monthslong battle over CEO Anne Wojcicki’s plans to take 23andMe private, all seven independent members of its board resigned en masse Tuesday.. The move is almost certainly the ...

  7. FBI searching for drone operator that grounded aircraft ...

    www.aol.com/fbi-searching-drone-operator...

    The crash took place at around 1 p.m. local time Thursday while the aircraft was operating over the Palisades Fire near the Pacific Coast, according to Los Angeles Fire Department spokesperson ...

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