A limited liability company can have only a limited number of shareholder-members.

Name: A limited liability company can have only a limited number of shareholder-members.
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A limited liability company (LLC) does not have a limit on the number of members it can have. It can have only one member, known as a single-member LLC, or it can have multiple members. However, some states may have restrictions on the types of individuals or entities that can be members of an LLC.

A Limited Liability Company Can Have Only a Limited Number