Exact(1)
The Second Circuit upheld personal liability despite the Utah state limited liability company statute that states that "failure of a company to maintain records, to hold meetings, or to observe any formalities...is not a ground for imposing personal liability on any member, manager, or employee for any debt, obligation, or liability of the company".
Similar(59)
The concept of "adequate capitalization" is not particularly difficult to state: For the limited liability shield of an entity to stand up, the entity needs to have sufficient capital to sustain its normal business operations and liabilities.
The first limited-liability law came in 1811, from New York state.See article: 1811 Limited liability is bornFrom the mid-16th century until the 19th, Europeans shipped maybe 12m Africans, bought from their African captors, across the Atlantic as slaves.
ByteSignal is registered with the Missouri secretary of state's office as a limited liability company formed in 2012, with Justin M. Wood of St. Peters, Mo., listed as registered agent.
Search your state's database of corporations and limited liability companies.
In December 2015, Facebook founder Mark Zuckerberg and his wife Priscilla Chan announced their intention to commit an estimated $45 billion in Facebook stock to improve the state of the world via a limited liability company (LLC) instead of a traditional foundation.
Louisiana's Secretary of State still lists the Stormy Daniels Senate Exploratory Committee, a limited liability corporation formed in May, as being in good standing with the state but it's unclear whether it has been doing fund raising or other political activity.
Limited liability partnerships are created under state law, so in every state they are a little different, Professor Gordon said.
Consider the candidates that spring to mind: parliamentary democracy, the nation-state, free markets, due process, the limited liability corporation, insurance, the university, mandatory formal education, abolition, socialism, the emancipation of women, universal suffrage, universal human rights.
To avoid estate taxes, farm families need to wrap their assets in trusts, limited liability companies and limited liability partnerships.
The AWC alleges that on January 12 , 2009 Barber filed articles of organization with the California Secretary of State to form Glenbrook Avocados, a California limited liability company.
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