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  2. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation . [ 1 ]

  3. Corporation - Wikipedia

    en.wikipedia.org/wiki/Corporation

    Limited liability separates control of a company from ownership and means that a passive shareholder in a corporation will not be personally liable either for contractually agreed obligations of the corporation, or for torts (involuntary harms) committed by the corporation against a third party (acts done by the controllers of the corporation).

  4. Articles of organization - Wikipedia

    en.wikipedia.org/wiki/Articles_of_Organization

    The articles of organization document typically includes the name of the LLC, the type of legal structure (e.g. limited liability company, professional limited liability company, series LLC), the registered agent, whether the LLC is managed by members or managers, the effective date, the duration (perpetual by default in most states), and the ...

  5. LLC vs. Corporation - AOL

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

    A corporation is a distinct legal entity that is separate from its owners. Like LLCs, corporations offer a variety of liability protections. But they can be far more complex and come in multiple ...

  6. Limited liability - Wikipedia

    en.wikipedia.org/wiki/Limited_liability

    Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company, or joint venture. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only against the assets ...

  7. How to set up an LLC for investments like Series I bonds - AOL

    www.aol.com/finance/set-llc-investments-series...

    “An LLC combines the principles of a partnership with the liability and protection of a corporation,” says Paul Ouweneel, partner, valuation, forensic and litigation services, Wipfli, a ...

  8. Corporate law - Wikipedia

    en.wikipedia.org/wiki/Corporate_law

    The proprietary limited company is a statutory business form in several countries, including Australia. Many countries have forms of business entity unique to that country, although there are equivalents elsewhere. Examples are the limited liability company (LLC) and the limited liability limited partnership (LLLP) in the

  9. What is an LLC loan and how does it work? - AOL

    www.aol.com/finance/llc-loan-does-155938785.html

    How much does an LLC cost. LLC costs can vary. Each state charges a fee to file an LLC’s articles of organization. While most states keep filing fees between $50 and $200, an LLC filing fee is ...

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