It’s important to note that the liability of employees and directors is secondary to the company’s liability, and the company’s assets will be used first to meet the claims, only if the company’s assets are insufficient, the employees and directors may be held liable. Is There Anything...
Multimillion dollar lawsuits and rising malpractice insurance premiums have heightened professional interest in limited liability. In this Article, James M. Grippando examines limited liability as it applies to Florida professional service corporations with attorneyJames M. Grippando...
A limited liability partnership is a relatively new form of business organization. 有限责任合伙是一种相对较新的企业组织形式。 This concept normally applies to stockholders in a corporation and to the limited partners in a limited partnership. ...
英语翻译The registration requirement applies to foreign limited partnership or another foreign entity,the formation of which,if formed in Texas,would require the filing of a certificate of formation with the secretary of state.Also,a foreign entity that affords limited liability for any owner or memb...
2.A limited liability partnership is a relatively new form of business organization. 有限责任合伙是一种相对较新的企业组织形式。 3.This concept normally applies to stockholders in a corporation and to the limited partners in a limited partnership. 这个概念适用于公司的股东及有限责任合伙企业中的有限合...
Members may also become personally liable for an LLC's debts or obligations under the "piercing-the-corporate-veil" theory. This doctrine imposes personal liability upon corporate shareholders and applies primarily if a corporation is undercapitalized, fails to follow corporate formalities, or engages ...
【单选题】Which one of the following characteristics applies to a limited liability company? A. limited liability for limited partners only B. taxed similar to a partnership C. taxed similar to a corporation D. all income generated is totally tax-free 查看完整题目与答案 【单选题】将考核划分为...
Jim Crook, managing director of the Old Hall Street-based agency, said October 1 sees the introduction of several elements of the 2006 Companies Act, including new rules for trademark applications, a new seven-day cooling off period which applies to doorstep selling and limited liability partnershi...
The law applies to any individual, partnership, corporation,limited liabilitycompany, trust, estate, cooperative, association, or other entity, including agencies of state government, the University of Maine System, the Maine Community College System, Maine Maritime Academyandprivatecollages and ...
to members for purposes of reporting and paying federal income tax liability. however, members also have the option to elect for the two-tier tax treatment that applies to c corporations. foreign (out-of-state) llc formation while the revised limited liability company act makes forming an llc...