Guide to Limited Liability CompaniesTom Cody, Dem A. Hopkins, Lawrence A. Perlman, Linda L. Kalteux CCH, 2007 - 376 sider This revised handbook provides a concise discussion of the limited liability company (LLC), the popular alternative business form for small- and medium-sized enterprises that strategically combines the pass-through tax advantages and operational flexibility of the partnership with the limited liability of the corporation. The Guide explains, in clear language, key information about the benefits available within the LLC format, and a synopsis of each state's LLC statute enables you to quickly identify relevant planning opportunities or potential pitfalls. Book jacket. |
Innhold
The Emerging Business Entity | 1 |
Chapter 2Choice of Entity Considerations | 7 |
Administrative and Procedural Matters | 25 |
Chapter 4Membership Rights and ObligationsManagement of LLCs | 37 |
vi | 44 |
Chapter 5Contributions and Distributions | 55 |
Chapter 6Dissolution Bankruptcy Mergers and Consolidations | 61 |
Chapter 7Foreign LLCs | 71 |
Delaware 1010 | 151 |
District of Columbia 1011 | 153 |
Florida 1012 | 156 |
Georgia 1013 | 159 |
Hawaii 1014 | 162 |
Idaho 1015 | 165 |
Illinois 1016 | 169 |
Indiana 1017 | 172 |
Chapter 8Other Types of Limited Liability Entities | 77 |
Paragraph | 79 |
Chapter 9Federal Tax Treatment of LLCs | 89 |
Distributions and Dispositions of LLC Interests 908 | 107 |
Termination of an LLC 909 | 110 |
Application of the AtRisk Rules 910 | 111 |
Application of the PAL Rules 911 | 113 |
Application of the SelfEmployment Tax Rules 912 | 114 |
Designation or Selection of an LLCs TMP 913 | 115 |
Converting an Existing Entity into an LLC 914 | 117 |
Using the LLC in Estate Planning 915 | 120 |
Chapter 10StatebyState Synopsis of LLC Acts Overview 1001 | 125 |
Alabama 1003 | 130 |
Alaska 1004 | 134 |
Arizona 1005 | 135 |
Arkansas 1006 | 137 |
California 1007 | 142 |
Colorado 1008 | 147 |
Connecticut 1009 | 148 |
Iowa 1018 | 175 |
Kansas 1019 | 177 |
Kentucky 1020 | 180 |
Louisiana 1021 | 183 |
Maine 1022 | 186 |
Maryland 1023 | 189 |
Massachusetts 1024 | 191 |
Michigan 1025 | 194 |
Minnesota 1026 | 197 |
Mississippi 1027 | 200 |
Missouri 1028 | 202 |
Montana 1029 | 206 |
Nebraska 1030 | 210 |
Nevada 1031 | 214 |
New Hampshire 1032 | 215 |
Appendices | 287 |
| 371 | |
Vanlige uttrykk og setninger
abbreviation activity affairs agreed allocated amendments amount annual report application articles of organization assets assignee authorized basis become business entity capital cash certificate certificate of formation classification Code Sec consent contain continued contribution conversion copies corporate veil corporation court debts Delaware determine dissolution dissolved distribution Effective date elect event existence expressly permitted federal tax purposes fee for filing foreign limited liability Foreign LLCs formation govern jurisdiction Laws liability company agreement limited liability company Limited liability partnerships limited partner limited partnership LLC interest LLC's LLLP losses maintain member or manager name and address obligations operating agreement permitted by statute person powers Professional LLCs profits reason received registered agent remaining Resignation respect returns rules secretary specified Stat statement tax classification tort transfer treated treatment unless otherwise provided written