You are absolutely the actual your mind if will need not keep corporate minutes for your LLC. Just why? Well, let’s make a scenario wherein the LLC gets sued by some other party. Is actually often circumstance in litigation, things should be expecting nasty in a flash. In your case, they suing party starts asserting how the LLC is definately just a shell entity and always be set aside so loads of party [that would be you] could be held in control of your untoward conduct.
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At INBOUND SUPPORT , a legal court is going to need to make the test about regardless if the LLC applies or not always. What is one of the key things it may look inside? You guessed it – the documents in the company book. Specifically, do they demonstrate that the LLC was functioning for a real business or once your play item? Well, now you have a predicament. Why? You don’t have any minutes or corporate documents! Come to a decision think legal court is likely to view the LLC considering that? Not well!
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