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    Setting Up Your Own Business:The Limited Liability Company

    Paul Gessaman (October, 1997)
    Summary

    The limited liability company (LLC) is a legal entity separate and distinct from the personal affairs and other business involvements of its owners (called "members"). A LLC has some characteristics similar to those of a limited partnership, some corporation-like characteristics, and still other characteristics unique to the LLC form of business organization.

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  • Details

    Organization
    		 University of Nebraska Extension
    Publisher
    		 University of Nebraska
    Published
    		 October, 1997
    Material Type
    		 Written Material

  • Filed Under

    1. Taxes & Legal
    2. Legal Issues
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