IS A MEMBER LIABLE FOR THE ACTIONS, DEBTS OR LIABILITIES OF A LIMITED LIABILITY COMPANY?
Many businesses in Missouri operate as limited liability companies. A limited liability company, often called an “LLC,” is a simple business structure that combines elements of a corporation, a partnership, and a sole propriety, but with unique characteristics. The owners of an LLC are called “Members.” An LLC can be managed by a Manager or […]
IS A MEMBER LIABLE FOR THE ACTIONS, DEBTS OR LIABILITIES OF A LIMITED LIABILITY COMPANY? Read More »
