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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.
A business entity is an entity that is formed and administered as per corporate law [Note 1] in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service.
A registered agent is a designated person or entity authorized to receive legal and official documents on behalf of a company or LLC, and can be referred to as "Resident Agent", "Statutory Agent", commercial or noncommercial clerk, [5] [6] or by the Federal Motor Carrier Safety Administration (FMCSA), a "process agent". [7]
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.
The state is refusing to name the 80 companies that have sought franchise tax refunds from the state, a move that Finance Commissioner Jim Bryson says prompted Lee to include $1.2 billion in ...
Corporate personhood or juridical personality is the legal notion that a juridical person such as a corporation, separately from its associated human beings (like owners, managers, or employees), has at least some of the legal rights and responsibilities enjoyed by natural persons.
If Tennessee's amendment 1 passes, it would cement the state's right-to-work law in the constitution, a move unions oppose and business leaders support.
The main indoor arena in Salt Lake City was known as the Delta Center from 1991 to 2006. In 2023, Delta Air Lines re-bought the naming rights. The arena in Salt Lake City pictured in 2006, a temporary banner covering the previous branding The main indoor arena in Quezon City, Philippines was known as the Araneta Coliseum from 1960 to 2011, prior to naming rights deal with PLDT's Smart ...