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  2. 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 ...

  3. Limited liability - Wikipedia

    en.wikipedia.org/wiki/Limited_liability

    Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company or joint venture. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only against the assets of ...

  4. What makes an LLC loan different than a regular small ... - AOL

    www.aol.com/finance/makes-llc-loan-different...

    LLC loan vs. business loan. What makes LLC loans different from regular small business loans is that LLCs apply and use them. You don’t need to look for a loan that is labeled as an LLC loan ...

  5. What documents are required to apply for an LLC loan? - AOL

    www.aol.com/finance/documents-required-apply-llc...

    Limited liability companies (LLCs) are companies that operate under a specific kind of business structure in the United States. Organized in the owner’s primary state of residence, an LLC is ...

  6. Pros and cons of LLC loans - AOL

    www.aol.com/finance/pros-cons-llc-loans...

    An LLC loan can provide access to funds for small business owners, and there are several flexible options available. An LLC loan may require a personal guarantee, leaving the borrower's personal ...

  7. Uniform Limited Liability Company Act - Wikipedia

    en.wikipedia.org/wiki/Uniform_Limited_Liability...

    The Uniform Limited Liability Company Act ( ULLCA ), which includes a 2006 revision called the Revised Uniform Limited Liability Company Act, is a uniform act (similar to a model statute ), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of limited liability companies (often called LLCs ...

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