In which of the following cases does the conversion of an existing business to an LLC (limited liability company) take effect?
A) when the articles of organization are filed with the secretary of state
B) when the members enter into an agreement of conversion
C) when an operating agreement is finalized by the members
D) when the first certificate of interest is issued
Correct Answer:
Verified
Q19: The Uniform Limited Liability Company Act is
Q20: An LLC (limited liability company)that is organized
Q21: A(n)_ refers to a document that states
Q22: Philip and Deborah form an LLC (limited
Q22: A(n) _ refers to a document that
Q26: A(n)_ LLC (limited liability company)has no specified
Q27: The certificate of interest acts the same
Q28: A member's ownership interest in an LLC
Q29: Which of the following is true of
Q31: A limited liability company cannot be abbreviated
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