Limited Liability Company With The Ability To Establish Series
Category:
State:
New York
Control #:
NY-04-77
Format:
Word;
Rich Text
Instant download
Description
This Quitclaim Deed is used where the Grantors are two individuals and the Grantee is a limited liability company. Grantors convey and quitclaim the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors. This form complies with all state statutory laws.
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A series LLC is a business structure that allows a business owner to create multiple series under one umbrella LLC. The Series LLC can help organizations protect their assets from liability, and in many cases can do so with less expense and more flexibility.A series LLC allows a company to separate and protect multiple assets without the need to form additional entities. A Series LLC is a type of LLC that is able to establish an unlimited number of internal asset chambers called "protected series". Learn how to form a series LLC with our guide. Understand the benefits, legal steps, and requirements of this relatively new business type. A Series LLC is a relatively new type of limited liability company consisting of a single LLC with multiple divisions, referred to as series. Keep reading to explore the key features of a Series LLC, its benefits, and how to set one up to safeguard your business and assets effectively. Each state may use different regulations, you should check with your state. A series LLC is a "master" LLC with one or more series of members, managers, interests, or assets.