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  2. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    Auriga Capital Corp), [20] parties to an LLC remain free to expand, restrict, or eliminate fiduciary duties in their LLC agreements (subject to the implied covenant of good faith and fair dealing). [21] Under 6 Del. C. Section 18-101(7), a Delaware LLC operating agreement can be written, oral or implied.

  3. Low-profit limited liability company - Wikipedia

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

    A low-profit limited liability company (L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [1]

  4. Operating agreement - Wikipedia

    en.wikipedia.org/wiki/Operating_agreement

    LLCs operating without an operating agreement are governed by the state's default rules contained in the relevant statute and developed through state court decisions. An operating agreement is similar in function to corporate by-laws, or analogous to a partnership agreement in multi-member LLCs. In single-member LLC, an operating agreement is a ...

  5. Kaman Signs Agreement to Acquire Ohio Gear & Transmission - AOL

    www.aol.com/news/2013-07-12-kaman-signs...

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  6. These Ohio dispensaries could be first to sell recreational ...

    www.aol.com/ohio-dispensaries-could-first-sell...

    The division began accepting applications earlier this month from medical marijuana businesses that want to participate in the adult-use market. Ohioans voted last year to legalize recreational ...

  7. Articles of organization - Wikipedia

    en.wikipedia.org/wiki/Articles_of_Organization

    It is the Articles of Organization that establishes the power, rights, liabilities, duties, and other important obligations of LLC members. This document also establishes the obligations between LLC members. [2] Most secretaries of state provide fill-in-the-blank PDF templates to file with the state. Some people use the services of an attorney ...

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