LIMITED LIABILITY COMPANY CENTER

The limited liability company is a very recent entry to the list of entities available to a person starting a business. While corporations and partnerships have been recognized as separate entities for centuries, it was not until 1977 that Wyoming became the first state to permit the organization of a limited liability company. Acceptance was slow at first but during the mid-1990s adoption of LLC acts turned from a drizzle into a torrent. In 1997, Hawaii became the 50th, and final, state to enact a limited liability company statute... LLC Center is an information resource for organizing and operating limited liability companies (LLCs)

Primary location: Jackson United States