What else could affect Limited Liability?
Companies must not only be properly formed, but properly capitalized and properly run to maintain limited liability. Most companies I...
What does it mean to be Properly Formed?
A company that is properly formed will have limited liability. An LLC is properly formed when its articles are accepted by the NC...
Terminology for Corporations and LLCs
Most people know about shareholders, directors and officers: the functions in a corporation. Shareholders are the owners; directors make...
