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  2. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    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.

  3. 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

  4. 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.

  5. Judicial Dissolution of New York Limited Liability Companies

    www.aol.com/news/judicial-dissolution-york...

    Gusmar Enterprises, LLC, 53 Misc.3d 1215(A) (Queens Co. 2016), Justice Martin E. Ritholtz of the Queens County Commercial Division held that judicial dissolution was appropriate where the conflict ...

  6. What documents are required to apply for an LLC loan? - AOL

    www.aol.com/finance/documents-required-apply-llc...

    Next, an application and documentation can be submitted, and then the lender can evaluate the application and approve or deny the loan request. Yes, an LLC has its own credit score, which is a ...

  7. Limited liability partnership - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_partnership

    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.

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