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Subject:
Limited Liability Company
Category: Miscellaneous Asked by: mdpa173-ga List Price: $5.00 |
Posted:
14 Nov 2004 05:13 PST
Expires: 14 Dec 2004 05:13 PST Question ID: 428735 |
Can a limited liability company offer specifically different grades of ownership to senior versus junior owners. |
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Subject:
Re: Limited Liability Company
Answered By: markj-ga on 14 Nov 2004 09:52 PST |
mdpa173 -- Your answer can be found on a website that is a very useful resource for basic information on Limited Liability Companies" ("LLCs"), largely because it is written (by lawyers) in non-legalese, plain English. Here is your answer: "A limited liability company can also be organized with different classes of ownership interests, which provides flexibility for special allocations of profits and voting power. For example, you can create a special class of "super-voting" units that provide 10 votes per unit or pay a certain level of profit before the "regular" units." LegalZoom: LLCs Library http://www.legalzoom.com/law_library/LLCs/contributions.html Note that the page cited above contains links to a comprehensive variety of information about LLCs. I hope you find it useful. Search Strategy: I found the site with the following Google search: llcs "s corporations" ://www.google.com/search?sourceid=navclient&ie=UTF-8&q=llcs+%22s+corporations%22 I suggest that you might also want to review the results of this search for other sites and information about LLCs that might interest you. If any any of the information is unclear, please ask for clarification before rating the answer. markj-ga |
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Subject:
Re: Limited Liability Company
From: probonopublico-ga on 14 Nov 2004 08:47 PST |
In which country? |
Subject:
Re: Limited Liability Company
From: mdpa173-ga on 14 Nov 2004 13:38 PST |
florida, u.s.a. |
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