Both managing members and controlling members owe a fiduciary duty to other members.
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Q19: The name of an LLC must contain
Q20: Some states do not require a written
Q21: Some states recognize LLCs but do not
Q22: The operating agreement of the LLC often
Q23: When completing the certificate of organization,the organizers
Q25: LLCs are pass-through entities for tax purposes;
Q26: Trish is a partner in an LLP,and
Q27: LLPs may be capitalized through debt from
Q28: Jones LLC and Smith LLC both have
Q29: Many states have eased the filing requirements
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