In which of the following cases does the conversion of an existing business to an LLC 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 members
D) when the first certificate of interest is issued
Correct Answer:
Verified
Q19: An LLC is a _ in the
Q27: The certificate of interest acts the same
Q30: Peter, Preston, and Penny organize an LLC
Q35: A(n) _ LLC has a specified term
Q38: A(n) _ LLC has no specified term
Q39: Gerard and Tony organize an LLC by
Q49: An LLC that was organized in Alabama
Q51: Which of the following is true of
Q53: A(n)_ refers to a document that states
Q54: Which of the following is true of
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