Most states apply to a limited liability company (LLC) formed in another state the law of the state where the LLC currently does business.

Name: Most states apply to a limited liability company (LLC) formed in another state the law of the state where the LLC currently does business.
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Question

Most states apply to a limited liability company (LLC) formed in another state the law of the state where the LLC currently does business.​

Quizplus · Accepted Answer

Most states apply the internal affairs doctrine, which means that the law of the state where the LLC is formed (not where it currently does business) governs its internal affairs and management.

Most States Apply to a Limited Liability Company (LLC) Formed