Indiana Standard Provision to Limit Changes in a Partnership Entity

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Multi-State
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US-OL203A
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This office lease provision refers to a tenant that is a partnership or if the tenant's interest in the lease shall be assigned to a partnership. Any such partnership, professional corporation and such persons will be held by this provision of the lease.

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FAQ

Business and Other Associations § 23-1-35-1. (3) in a manner the director reasonably believes to be in the best interests of the corporation. (3) a committee of the board of directors of which the director is not a member if the director reasonably believes the committee merits confidence.

Fraudulent or deceitful acts. (3) to engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person.

Meal Deduction Add-Back (3-digit code: 149) If you: ? claimed a deduction for meal expenses with regard to food and beverages provided by a restaurant in computing your federal adjusted gross income; AND ? the deduction would have been limited to 50% of the meal expenses if the expenses had been incurred before Jan.

A new deduction (634) is available to deduct certain expenses for which a deduction is not permitted for federal income tax purposes because an employer claimed a COVID-related employee retention credit.

Code § 23-18-6-7. Section 23-18-6-7 - Judgment creditors of members; rights (a) On application to a court with jurisdiction by a judgment creditor of a member, the court may charge the interest of the member in the limited liability company with the payment of the unsatisfied amount of the judgment with interest.

(a) A limited liability company must keep at its principal office the following records and information: (1) A list with the full name and last known mailing address of each member and manager, if any, of the limited liability company from the date of organization.

(a) A person ceases to be a member of a limited liability company upon the occurrence of any of the following events: (1) The person withdraws from the limited liability company as provided in section 6 of this chapter. (2) The person ceases to be a member as provided in section 4(e) or 4.1(e) of this chapter.

Foreign Entity Registration in Indiana; Failure to Register.

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Indiana Standard Provision to Limit Changes in a Partnership Entity