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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.
Vermont was the first state to pass an L3C statute in April 2008 which effectively allowed for the L3C legal form to operate in every state along with internationally. [4] L3C statutes currently exists in: Illinois, [ 24 ] Louisiana, Maine, Michigan, Missouri, North Dakota, Rhode Island, Utah, Vermont, Wyoming, Puerto Rico, and the federal ...
In the late 1980s, the government began to reform the state-owned enterprise, and during the 1990s and 2000s, many mid-sized and small sized state-owned enterprises were privatized and went public. There are a number of different corporate forms which result in a mixture of public and private capital.
An act relating to business organizations; regulating the organization and operation of limited liability companies; enacting a revised uniform limited liability company act; providing conforming changes. 158: April 11, 2014 An act relating to state government; requiring continued employer insurance contributions for certain former state ...
(The Center Square) – Business owners from historically disadvantaged communities in Pennsylvania will soon have access to special grants meant to assist with start-up and expansion costs. For ...
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