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2. Low-profit limited liability company - Wikipedia

   en.wikipedia.org/wiki/Low-profit_limited...

   While L3Cs are a separate legal form of business entity, L3Cs structure most closely emulates that of a limited liability company (LLC). [18] The most notable difference between L3Cs and LLCs is that L3Cs are required to have a socially beneficial mission as their primary objective. [2] Below are several noteworthy characteristics of L3Cs:

3. Incorporation (business) - Wikipedia

   en.wikipedia.org/wiki/Incorporation_(business)

   There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal

4. Franchise tax - Wikipedia

   en.wikipedia.org/wiki/Franchise_tax

   The physical presence test is based on Quill Corp. v. North Dakota, ( 504 U.S. 298 (1992)), a United States Supreme Court ruling concerning use tax.Quill Corporation is an office supply retailer.

5. LLC vs. Corporation - AOL

   www.aol.com/finance/llc-vs-corporation-203712316...

   LLC. Corporation. Ownership. Can be owned by one or multiple members. Owned by shareholders. Paperwork. Annual business filings can be handled by the business owner or manager

6. Limited liability company - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_company

   In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). [4]

7. What makes an LLC loan different than a regular small ... - AOL

   www.aol.com/finance/makes-llc-loan-different...

   LLC advantages and disadvantages. When applying for a loan, there are some pros and cons to being an LLC. Advantages of LLCs. Personal asset protection: ...

8. Benefit corporation - Wikipedia

   en.wikipedia.org/wiki/Benefit_corporation

   There is a difference between being filing as a benefit corporation in a state, and being a certified benefit corporation also known as a B Corporation. B Corporations voluntarily promise to run their firm with social and environmental causes as a concern. [ 40 ]

9. Why a Texas businessman with few ties to Oklahoma is ... - AOL

   www.aol.com/why-texas-businessman-few-ties...

   Records show that Bondar holds a Texas driver’s license and voted as recently as March 5, 2024, in a Texas election. His transition to Oklahoma has been quick and seems to parallel to the 2024 ...