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Llc Law

It is important as a small business owner to know as much as you can about LLC law. For instance, if you do not accept outside funds, and you are the sole owner of an LLC, your ownership interest will not be seen as a security, therefore this specific LLC law does not apply to you. If your ownership interests are considered securities, you must apply for a securities law exemption prior to any money being put into your LLC. LLC laws and other stipulations for creating an LLC can be complicated and confusing. Finding a small business lawyer you can trust is key to your success.

Fast Facts

  • The sale of your LLC's ownership interests must be recorded with your state and the securities and Exchange Commission (SEC).
  • Small LLCs, even those with private investors, are normally granted securities law exemptions.

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