An LLC (limited liability company)is a ________ in the state in which it is organized.

Name: An LLC (limited liability company)is a ________ in the state in which it is organized.
Brand: Quizplus
Rating: 4.9 (60 reviews)

Question

Quizplus · Accepted Answer

An LLC that is registered in the state where it was organized is referred to as a domestic LLC. This is because an LLC can register and operate in any state where they want to conduct business. However, it is formed in one state where the domestic LLC has to maintain its registration and file its annual reports.

An LLC (Limited Liability Company)is a ________ in the State