In Part 2 of the Limited Liability Company operating agreement, I discuss the way the LLC is different from the partnership or corporation because it is not bound by a lot of case law that imposes fiduciary duties. We assess John Cunningham's strategy for understanding the LLC Act, and how it helps us to write an effective operating agreement.
Create A STARTright Membership, And Get STARTed Right!
STARTright costs $129.99 for an annual subscription. That means for 12 months you can:
- Create and file the appropriate documentation to form as many LLCs as you may need.
- Customize your already custom operating agreement in the digital editor to meet the needs of you and your business partners.
- Track and stay on top of annual and semi-annual member-meetings, minutes and LLC state filings.
- Learn, learn, and learn some more. STARTright is an ever growing wealth of legal, tax, business, and sometimes marketing information. From videos to blog entries, there is a lot you can learn.
Need a little more convincing? Read more at our "About STARTright" page here: Forming An LLC With STARTright >>.