A limited liability company (LLC) is a popular and flexible business structure with no limit to its number of members. LLCs are pass-through entities, meaning business taxes are paid through the ...
On August 1, 2025, legislation went into effect amending the Delaware Limited Liability Company Act (the LLC Act), the Delaware Revised Uniform Limited Partnership Act (the LP Act), and the Delaware ...
Provide for ratification of void or voidable acts of LLCs, LPs and Partnerships; Clarify information rights of members and partners of LLCs, LPs and Partnerships; and Update the rules surrounding ...
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