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  2. Low-profit limited liability company - Wikipedia

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

    v. t. e. A low-profit limited liability company (L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [1] L3Cs were created to comply with the Internal Revenue Service (IRS) program-related investments (PRIs) rules which ...

  3. Michigan Department of Licensing and Regulatory Affairs

    en.wikipedia.org/wiki/Michigan_Department_of...

    On March 18, 2015, Snyder signed an executive order to form the Michigan Agency for Energy with in LARA in 60 days. [7] On January 17, 2013, Governor Snyder ordered that the Office of Financial and Insurance Regulation be transferred out of the department to form a new Michigan Department of Insurance and Financial Services effective March 19 ...

  4. Limited liability limited partnership - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_limited...

    The limited liability limited partnership (LLLP) is a relatively new modification of the limited partnership. The LLLP form of business entity is recognized under United States commercial law. An LLLP is a limited partnership, and it consists of one or more general partners who are liable for the obligations of the entity, as well as or more ...

  5. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    t. e. 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] An LLC is not a corporation under the laws of every state; it is a legal form of ...

  6. Certificate of incorporation - Wikipedia

    en.wikipedia.org/wiki/Certificate_of_incorporation

    Certificate of incorporation. A certificate of incorporation is a legal document/license relating to the formation of a company or corporation. It is a license to form a corporation issued by the state government or, in some jurisdictions, by a non-governmental entity/corporation. [1] Its precise meaning depends upon the legal system in which ...

  7. Limited liability - Wikipedia

    en.wikipedia.org/wiki/Limited_liability

    e. 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 ...

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