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2. 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 ...

3. Series LLC - Wikipedia

   en.wikipedia.org/wiki/Series_LLC

   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.

4. Registered agent - Wikipedia

   en.wikipedia.org/wiki/Registered_agent

   e. In United States business law, a registered agent (also known as a resident agent, [1] statutory agent, [2] or agent for service of process[3]) is a business or individual designated to receive service of process (SOP) when a business entity is a party in a legal action such as a lawsuit or summons. [4] The registered agent 's address may ...

5. Low-profit limited liability company - Wikipedia

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

   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 ...

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7. 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