3 ms·
It would be in Delaware. Investors would almost certainly want vesting terms. I'm not sure that is possible under LLC.
by zaidf 17y ago
It would be in Delaware.
Investors would almost certainly want vesting terms. I'm not sure that is possible under LLC.
- hga 17y agoIt was in Virginia in 1996, or at least the lawyers who drafted it believed so. Then again, no one knows what's in an Operating Agreement and whether it's really valid until and unless you go to court, but I don't see why that couldn't be part of one and have it stand. But it will LLCs where pretty new for most states back in the mid-90s). I think you need to talk to a lawyer in your state who's familiar with LLCs and out of state c-corps to know what's possible and what it will likely cost (unless you live in Missouri, in which case I can ask my father). Note also that a less flexible c-corp might turn off savvy investors (the type you want).