Table of Contents
CHAPTER 1 - LLCs and Limited Liability Company Acts
POTENTIAL DISADVANTAGES OF THE LIMITED LIABILITY COMPANY
IS AN LLC A TYPE OF CORPORATION?
PROFESSIONAL LIMITED LIABILITY COMPANIES
LIMITED LIABILITY COMPANY ACTS
ARTICLES OF ORGANIZATION AND THE OPERATING AGREEMENT
LIMITED LIABILITY COMPANY NAMES
MEMBERSHIP INTEREST: THE LLC EQUIVALENT OF CORPORATE STOCK
DISSENTERS’ RIGHTS/MEMBERS’ APPRAISAL RIGHTS
WHY ARE YOU REQUIRED TO FILE DOCUMENTS?
FINAL THOUGHTS ON LIMITED LIABILITY COMPANY ACTS
CHAPTER 2 - Articles of Organization
WHAT INFORMATION SHOULD YOU INCLUDE IN YOUR ARTICLES?
HOW DO YOU AMEND YOUR ARTICLES?
SHOULD YOU ORGANIZE BY YOURSELF OR HIRE AN ATTORNEY?
FINAL THOUGHTS ON ARTICLES OF ORGANIZATION
CHAPTER 3 - The Limited Liability Company Operating Agreement
HOW IS AN OPERATING AGREEMENT MADE EFFECTIVE?
HOW DO YOU AMEND YOUR LLC’S OPERATING AGREEMENT?
FINAL THOUGHTS ON OPERATING AGREEMENTS
CHAPTER 4 - Taxes and General Information for All Businesses
LLC TAXES: WHAT TO FILE AND HOW TO FILE AT YEAR-END
LLC TAXES: EMPLOYMENT AND PAYROLL TAXES
THREE LANGUAGES FOR THREE TYPES OF BUSINESS ENTITIES
PART II - The Limited Liability Company Players
CHAPTER 5 - Promoters, Managers, Officers, and Agents
MANAGERS, BOARD OF MANAGERS, AND COMMITTEE OF MANAGERS
DUTIES OF DUE CARE AND LOYALTY
STATUTORY SOURCES OF LIABILITY FOR MANAGERS
