Asked By: Oceane Gaylord
Date created: Sun, Jun 13, 2021 9:03 PM
Date updated: Mon, Sep 26, 2022 12:13 AM
Top best answers to the question «Limited liability companies are created by federal law science»
- Limited liability companies are created by federal law. If a member or manager of an LLC is found to be a tortfeasor, he or she is not personally liable for the injury or death. A member or a shareholder is the owner of an LLC. In a manager-managed LLC, amending the articles of organization cannot be delegated to the managers.