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2. Operating agreement - Wikipedia

   en.wikipedia.org/wiki/Operating_agreement

   Operating agreement. An operating agreement is a key document used by limited liability companies (LLCs) to outline the business' financial and functional decisions including rules, regulations and provisions. The purpose of the document is to govern the internal operations of the business in a way that suits the specific needs of the business ...

3. Low-profit limited liability company - Wikipedia

   en.wikipedia.org/wiki/Low-profit_limited...

   Corporate law. A low-profit limited liability company ( L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [1] L3Cs were created to comply with the Internal Revenue Service (IRS) program-related investments (PRIs) rules ...

4. Faulkner Act - Wikipedia

   en.wikipedia.org/wiki/Faulkner_Act

   The Faulkner Act was created to provide municipalities with greater flexibility than provided in New Jersey's traditional forms of government ( city, township, borough, town and village) and to expand on the reforms provided in the Walsh Act and the 1923 Municipal Manager Law . As originally enacted in 1950, the Faulkner Act provided for three ...

5. Series LLC - Wikipedia

   en.wikipedia.org/wiki/Series_LLC

   Corporate law. A series limited liability company, commonly known as a series LLC, protected cell company, segregated account company, or segregated portfolio company, and sometimes abbreviated as SLLC, is a form of a limited liability company that provides liability protection across multiple "series" each of which is theoretically protected ...

6. Limited liability company - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_company

   v. t. e. A limited liability company ( LLC) is the United States -specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [1] An LLC is not a corporation under the laws of every state; it is a legal form ...

7. Public Service Enterprise Group - Wikipedia

   en.wikipedia.org/wiki/Public_Service_Enterprise...

   Website. pseg .com. The Public Service Enterprise Group, Inc. ( PSEG) is a publicly traded diversified energy company headquartered in Newark, New Jersey, US established in 1985 with a legacy dating back to 1903. The company's largest subsidiary is Public Service Electric and Gas Company ( PSE&G ). The Public Service Electric and Gas Company is ...