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  2. Operating agreement - Wikipedia

    en.wikipedia.org/wiki/Operating_agreement

    An operating agreement is a key document used by limited liability companies (LLCs) to outline the business' financial and functional decisions including rules, regulations and provisions. The purpose of the document is to govern the internal operations of the business in a way that suits the specific needs of the business owners, called ...

  3. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    t. e. A limited liability company ( LLC) is the United States -specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [ 1] An LLC is not a corporation under the laws of every state; it is a legal form ...

  4. Shotgun clause - Wikipedia

    en.wikipedia.org/wiki/Shotgun_clause

    Shotgun clause. A shotgun clause (or Texas Shootout Clause [1]) is a term of art, rather than a legal term. It is a specific type of exit provision that may be included in a shareholders' agreement, and may often be referred to as a buy-sell agreement. The shotgun clause allows a shareholder to offer a specific price per share for the other ...

  5. Justice Department defends Boeing plea deal against ... - AOL

    www.aol.com/news/justice-department-defends...

    August 14, 2024 at 7:52 PM. DALLAS (AP) — The Justice Department is defending a plea deal it struck with Boeing over planes that crashed and killed 346 people, saying in a court filing Wednesday ...

  6. Series LLC - Wikipedia

    en.wikipedia.org/wiki/Series_LLC

    In the District Columbia, Illinois, Kansas, and Montana, each cell must be formed by a separate operating agreement and/or Articles of Organization or similar paperwork filed with the Secretary of State (as opposed to allowing creation of cells in the LLC's operating agreement). Note 3. Texas requires a Certificate of Assumed Name for each cell ...

  7. 7-Eleven - Wikipedia

    en.wikipedia.org/wiki/7-Eleven

    7-Eleven, Inc. [2] is an American convenience store chain, headquartered in Irving, Texas.The chain was founded in 1927 as an ice house storefront in Dallas.It was named Tote'm Stores between 1928 and 1946.

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