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  2. Low-profit limited liability company - Wikipedia

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

    To create such a statute, legislation must be passed that amends the state's general limited liability company (LLC) law. [23] Note that a business can operate as an L3C within a state that does not have an L3C statute by incorporating in a state that does have an L3C statute and filing as a foreign firm doing business. [22]

  3. Pros and cons of LLC loans - AOL

    www.aol.com/finance/pros-cons-llc-loans...

    Cons. Personal liability. Can be expensive. Limited disclosure requirements. Pros of LLC loans. LLC businesses are a popular funding solution for small business owners — and for good reasons.

  4. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    The owners of the LLC, called members, are protected from some or all liability for acts and debts of the LLC, depending on state shield laws. In the United States, an S corporation is limited to 100 shareholders, [b] and all of them must be U.S. tax residents. [c] An LLC may have an unlimited number of members, and there is no citizenship ...

  5. 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

  6. How to get a business loan with an LLC - AOL

    www.aol.com/finance/llc-loan-152358370.html

    Ready to find an LLC business loan? Our reviews analyze many of the top LLC lenders, including: Bank of America. Wells Fargo. Bluevine. Credibly. National Funding. 5. Gather necessary LLC loan ...

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

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

    With one LLC as good as another for this purpose, there’s no reason to pay more than you need to. In any case, the cost of forming the LLC is tax-deductible, so it’s worth noting your expenses. 2.

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