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2. Limited liability company - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_company

   In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). [4]

3. Low-profit limited liability company - Wikipedia

   en.wikipedia.org/wiki/Low-profit_limited...

   Many states have an initial filing fee along with an annual fee and annual report filing requirement necessary for an L3C to maintain its legal status. Following filing, the members of the L3C must execute a formal operating agreement. In the operating agreement, L3Cs need to define its purpose per the provisions of IRS Treasury Regs.Sec.53. ...

4. Elon Musk wants to take away Delaware’s incorporation ... - AOL

   www.aol.com/finance/elon-musk-wants-away...

   The taxes and fees generated by those businesses brought Delaware about $2 billion in 2022. But other states have been chipping away at Delaware’s standing in recent years by creating their own ...

5. Elon Musk hates Delaware now. Here’s why millions of ... - AOL

   www.aol.com/finance/elon-musk-hates-delaware-now...

   Elon Musk is threatening to move the state of incorporation for Tesla, his half-a-trillion-dollar company, from Delaware to Texas after a judge in the First State voided a $55.8 billion ...

6. 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

7. Elon Musk's SpaceX to launch business to Texas after Delaware ...

   www.aol.com/elon-musks-spacex-launch-business...

   Elon Musk continues to push back against incorporating companies in Delaware, after a Delaware judge struck down his $56 billion 2018 pay package.