The LLC has limited liability, which means the members (owners) are not liable to anyone including FTB. The Ralite case is an exception to this...

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The LLC has limited liability, which means the members (owners) are not liable to anyone including FTB. The Ralite case is an exception to this...

The LLC has limited liability, which means the members (owners) are not liable to anyone including FTB. The Ralite case is an exception to this...

I'm part of 4-member llc. 2 of the existing members are purchasing additional ownership. (4 percent each). Do they get diluted?

Generally new LLCs do not concern themselves with units, but just issue specified percentages to the members. Later transfers of percentages in...

Just don't make the mistake of authorizing 10,000,000 shares of no-par stock in Delaware. In the old days (may have changed) you could have a bill...

How to list partners on a startup business

You likely need an offering circular describing your company, business, history and experience. This is a complex legal document with liability...

Is it legal for a business owner to sell company stocks to newbie investors without proper disclosures?

Unless you are an "Accredited Investor" (over $1,000,000 net worth or high income), without question the seller violated securities laws, both...

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Registered an LLC with the Secretary of State. Do I need to file a DBA or Assumed Name as well?

As long as your LLC is doing business under its registered name, you need not file a fictitious business name statement.

Majority shareholder (88%) getting cash for sale of company. 2 minority shareholders reinvesting 100% in Newco. Is this normal?

There is no "typical." It just depends on what each party brings to the table and who is the best negotiator. You haven't given us enough...

I am going to be selling a product I have made. I want to start an LLC, but it is only me. Will I be protected?

I have come across this issue in dealing with people in FL and GA. i am not aware of any reason that it should be true, but I am admitted only in...