LLC

(redirected from Limited liability company)
Also found in: Dictionary, Thesaurus, Legal, Financial, Acronyms, Wikipedia.
Related to Limited liability company: Private limited company, Limited liability partnership

LLC

LLC

(Logical Link Control) See "LANs" under data link protocol.
References in periodicals archive ?
But, in their absence, members are governed by Uniform Limited Liability Company Acts of states.
While the Amendment Law specifically mentions that a partner in a limited liability company may pledge its shares, Article 79 of the Amendment Law does not refer to any share certificate that should be presented with the competent authority to complete the pledging of the shares.
The Act states, "Nothing in this Section 1-26 prevents a limited liability company that is not organized under it from electing a charitable or educational purpose in whole or in part for doing business under this act.
The amount of the authorized capital of a private limited liability company may not be less than 10,000 litas (2,900 euros).
member limited liability company, these outcomes produce often bizarre
All this was about to change in 1978 when Wyoming adopted state legislation enabling the creation of a new business form--the limited liability company.
These letters state that the parent or affiliated companies are responsible for paying the retrospective premiums if the limited liability company does not.
Unless the business is formed as a corporation or a limited liability company, it will be a sole-proprietorship by default.
Lockheed Martin Skunk Works has created a limited liability company officials say will take the X-33/Reusable Launch Vehicle program from a technology demonstration program to a viable commercial space business.
The playing field expanded in recent years with the passage at limited liability company legislation in many jurisdictions.
Then, with some other physicians, we got a lawyer, formed a limited liability company, and put the incentives in the right place," says Daniel S.
Among the available options, the limited liability company (LLC) is not new but certainly is gaining favor as a way of doing business.

Full browser ?