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A series LLC is a special form of a limited liability company that allows a single LLC to segregate its assets into separate series. For example, a series LLC that purchases separate pieces of real estate may put each in a separate series so if the lender forecloses on one piece of property, the others are not affected.
Tennessee Wine and Spirits Retailers Association v. Thomas, No. 18-96, 588 U.S. 504 (2019), was a United States Supreme Court case which held that Tennessee's two-year durational-residency requirement applicable to retail liquor store license applicants violated the Commerce Clause (Dormant Commerce Clause) and was not authorized by the Twenty-first Amendment.
The Tennessee Department of Commerce and Insurance (TDCI) is a state Cabinet agency of the government of Tennessee. The main job of the agency is to regulate and license various businesses and industries within the state.
Dec. 30—NASHVILLE — Tennessee homeowners facing bankruptcy will have better financial protection from creditors under a new state law taking effect New Year's Day that raises the state's ...
The Uniform Limited Liability Company Act (ULLCA), which includes a 2006 revision called the Revised Uniform Limited Liability Company Act, is a uniform act (similar to a model statute), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of limited liability companies (often called LLCs) by U.S. states.
As in a partnership or Limited liability company (LLC), the profits of a Limited liability partnership (LLP) are allocated among the partners for tax purposes, avoiding the problem of "double taxation" often found in corporations. Some US states have combined the LP and LLP forms to create limited liability limited partnerships.
A series limited liability company, commonly known as a series LLC, protected cell company, segregated account company, or segregated portfolio company, and sometimes abbreviated as SLLC, is a form of a limited liability company that provides liability protection across multiple "series" each of which is theoretically protected from liabilities arising from the other series.
UT–Battelle, LLC is a nonprofit limited liability company (LLC) organized under the laws of Tennessee. Its members consist of the University of Tennessee and Battelle Memorial Institute. UT–Battelle administers, manages, and operates the Oak Ridge National Laboratory (ORNL), which is sponsored by the U.S. Department of Energy (DOE).