Many states have eased the filing requirements for creating an LLC,switching from requiring extensive amounts of information to now requiring minimal information similar to that required in a corporate filing.
Correct Answer:
Verified
Q24: Both managing members and controlling members owe
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
Q30: The designation "Smith Group,LLC" is a valid
Q31: A corporation may be a principal of
Q32: LLC members are always required to complete
Q33: States may require that LLPs carry liability
Q34: Every state in the United States recognizes
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