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limited liability company (llc)

A limited liability company (LLC) is a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. Our Resource Center offers the latest industry news and updates on this particular business structure.


On-demand Webinar: LLC Law Today & Beyond

LLCs are one of the most popular business entity choices, but LLC law lags behind. Learn how to work with LLCs and navigate this legal landscape.

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Rights and Responsibilities of LLC Members

Discover the rights & responsibilities of LLC (Limited Liability Company) members in this excerpt from the CT LLC Handbook, including financial & voting rights, liability, & more.

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State Legislative Updates

Delaware Permits LLC Divisions

Learn how Delaware permits LLC's to divide into two or more Delaware LLCs and the steps to accomplish this, including creating a plan of division, filing a Certificate of Division, & more.

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The LLC Handbook

Explore this guide to LLCs (Limited Liability Companies), including members, managers, and changes in company structure, plus a glossary of common LLC terms.

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LLC vs. S Corporations: Advantages and Disadvantages

Trying to decide between forming an LLC or S Corp (S Corporation)? Both offer benefits of limited liability and pass-through taxation, but there are many differences. Read about the advantages and disadvantages each offers over the other

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