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Posts tagged "manager-managed LLC"

Designing Your LLC: Member-Managed vs. Manager-Managed

Jurisdictions across the United States added limited liability companies (LLCs) to their business and corporations codes in order to provide many of the benefits of incorporation - while giving entrepreneurs the flexibility to design entities that met the particular needs of their business models and ownership structure. To that end, most states give LLC organizers a modicum of freedom when it comes to defining the organizational structure of their proposed businesses.

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