It sells membership units.
It can mean anything, depending upon how the operating agreement is written. Get a copy of the operating agreement and it should tell you what the rights are to each class of membership.
Yes. Although a single member LLC is a "disregarded entity" for tax purposes, in other respects it is treated as any other LLC. The fact that one person owns the membership interests in both LLCs does not prevent them from forming an agreement that is valid between them.
Robin Hood stole from the rich to redistribute money to the poor.If I redistribute my homework, I can focus on reading the lessons.The teacher had to redistribute a new test after he found out a student cheated.
LLC
It's REDISTRIBUTE. I can give you several sentences.Redistribute the food among the villagers.We will redistribute the money among ourselves.The king will redistribute his men along the border.
The LLC in Indiana LLC stands for "Limited Liability Company". LLC companies blend corporate structure with partnership qualities.
Yes, a LLC, that is, a LLC that is member of a LLC, could theoretically make a distribution to its parent LLC. Although, where member(s) of the LLC that is a member of the "parent" LLC are also member(s) of the parent LLC violate certain imputed fiduciary duties, the potential arises for unlawful self-dealing to occur.
an LLC owner.
LLC
Pershing LLC 0443 Pershing LLC/SL 5163 Pershing LLC/SL Int'l 5196
redistribute?