An operating agreement is required for a limited liability company to exist, and it must be in writing.
Correct Answer:
Verified
Q2: Most states apply to a limited liability
Q3: As in a partnership, a limited liability
Q4: When the promoter of a limited liability
Q5: In most circumstances, the manager of a
Q6: A limited liability company is an aggregate
Q7: Because title to the property of a
Q8: The members of a limited liability company
Q9: The members of a limited liability company
Q10: Choosing a business organizational form that limits
Q11: The management of a limited liability company
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