Most LLC statutes expressly provide for mergers, which would allow Northern LLC and Southern LLC to combine all of their assets into Northern LLC, with Northern being the surviving LLC and Southern being the merged LLC.
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Q15: A limited partnership agreement may not provide
Q16: If the written partnership agreement makes no
Q17: A limited partnership must continuously maintain an
Q18: The majority of states have adopted the
Q19: Ordinarily, members of manager-managed LLCs have duties
Q21: Members of an LLC share profits and
Q22: A limited liability company is a relatively
Q23: General partners and limited partners rank equally
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