The Stack Overflow podcast is back! Listen to an interview with our new CEO.

Questions tagged [limited-liability-company]

Filter by
Sorted by
Tagged with
-3
votes
3answers
77 views

Employee Stock Ownership as long as Employee Stays in the Company, What Kind of Nonsense is This?

Recently a friend of mine has received a stock buy offer from its company. The company offered to sell a specific amount of the company shares with a nice discount rate, because he was in a critical ...
0
votes
0answers
15 views

Legal Competency of a Minor For Arizona LLC

In Arizona, United States, can a minor, as a member (perhaps, sole member) of a Limited Liability Compancy (LLC), enter into a legal binding agreement on behalf of the company? Arizona appears to ...
-2
votes
0answers
60 views

Registering game studio

So I understand that the situation I'm enquiring about is probably quite unique, strange even but here goes: A conglomerate of strangers-come-friends on Discord have together to try and make/publish ...
1
vote
1answer
24 views

Do you loose liability protection if doing work for your LLC on your personal computer?

Do you have potential of loosing liability protection if doing work for your LLC on your personal computer (ie. a computer purchased with personal funds and not accounted for as being owned by the LLC)...
0
votes
1answer
42 views

Can an LLC make a DBA that ends in “LLC” or “Co” in California?

As the title states, I'm interested in making a DBA for an LLC that gives some indication that it's a company rather than an sole proprietorship DBA. Can the DBA terminate in "LLC" or "Co"? Most ...
1
vote
1answer
45 views

What does upon conversion mean?

What does it mean when an investor say "I will give you $100k in exchange for 10% equity upon conversion"? What does upon conversion exactly mean in layman's terms?
1
vote
1answer
36 views

What happens to past legal liabilities after changing from self-employed to a limited liability company?

If a self-employed worker takes on contract jobs and then later on, after finishing any of those jobs, changes their business into a limited liability company, Who is responsible for any liabilities ...
2
votes
1answer
38 views

Company holding own shares in trust

If the assets of a trust includes shares in a company, can that company be appointed as trustee of that trust? It's not clear to me how section 259A of the Corporations Law works in this situation.
0
votes
0answers
22 views

What happens if a LLC Member fills out the LLC license with Malicious intent in the state of Mississippi

If There are 2 members of a LLC and a verbal agreement in which one Partner has 65% of the company and the other Partner had 35% of the company but the Partner with 35% of the company set up the LLC ...
2
votes
3answers
57 views

How does a flow-through LLC own assets?

A Limited Liability Company (LLC) is a business under US law with the following characteristics: Establishes a "corporate veil" of limited liability, such that creditors or lawsuits can only go after ...
0
votes
0answers
39 views

Sales tax nexus in Illinois for a “startup”?

I had a question around whether I would fall into sales tax nexus in Illinois. I have read through Illinois’ Revenue and tax information(https://www2.illinois.gov/rev/Businesses/Pages/default.aspx) ...
1
vote
1answer
33 views

How to draft LLC resolutions?

I'm starting an LLC and I'm having trouble understanding the concept of resolutions. It seems pretty simple, but I'm afraid of getting it wrong. I have a lot of experience working with bylaws in ...
1
vote
1answer
46 views

How to act in name of company rather than natural person by e-mail etc?

It makes a difference for tax and liability reasons if an action is done by a natural person vs a legal entity. How to make sure that actions are ascribed to the legal entity rather than one's ...
0
votes
1answer
30 views

How can I check a UK company's public documents?

I am interested in the articles of association and shareholder's agreement of a UK company. Where can I find them?
0
votes
0answers
43 views

Can OSHA fine the owner and sole worker of a LLC

Let's say a person owns a Limited Liability Company and he is the only worker for the same. He hires out to a construction worker and is on the job without his hardhat. OSHA shows up and promptly ...
0
votes
0answers
17 views

What are the implications of US LLC state and foreign entities?

Let's say I'm a confetti enthusiast. Confetti for parties, confetti for halloween decorations, confetti for everything. In this hypothetical example, I want to sell confetti online, and in person when ...