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It is the Articles of Organization that establishes the power, rights, liabilities, duties, and other important obligations of LLC members. This document also establishes the obligations between LLC members. [2] Most secretaries of state provide fill-in-the-blank PDF templates to file with the state. Some people use the services of an attorney ...
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.
Toggle Louisiana subsection. 18.1 Current. 18.2 Former. ... Crayola LLC , also makers of Silly Putty; ... Iowa, Chicago and Eastern Railroad;
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.
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That same year, the Iowa Attorney General's Office sued La' James for defrauding students, a case that resulted two years later in a $500,000 payment to the state and forgiveness for $2.1 million ...