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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 of ...
Articles of organization. The articles of organization are a document similar to the articles of incorporation, outlining the initial statements required to form a limited liability company (LLC) in many U.S. states. Some states refer to articles of organization as a certificate of organization or a certificate of formation. [1]
The purpose of a CLA is to ensure that the guardian of a project's outputs has the necessary ownership or grants of rights over all contributions to allow them to distribute under the chosen license, often by granting an irrevocable license to allow the project maintainer to use the contribution; if copyright is actually transferred, the ...
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In November 2003, church member David Allred purchased for YFZ Land LLC the 1,371-acre (555-hectare) Isaacs Ranch four miles (six kilometers) northeast of Eldorado, Texas, on Schleicher County Road 300 "as a hunting retreat". The property would be known within the sect as Yearning For Zion Ranch, or YFZ Ranch.
v. t. e. Incorporation is the formation of a new corporation. The corporation may be a business, a nonprofit organization, sports club, or a local government of a new city or town [citation needed] .