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They are a form of corporation. It even says so in the name.
by vageli 9y ago
They are a form of corporation. It even says so in the name.
- vonmoltke 9y agoLimited liability companies and corporations are distinct legal structures: https://www.thebalance.com/what-is-the-difference-between-an-llc-and-a-corporation-397526 https://www.thebalance.com/what-is-the-difference-between-an... https://www.dos.ny.gov/corps/llcguide.html https://www.dos.ny.gov/corps/llcguide.html LLCs are not incorporated.
- maxlybbert 9y agoThe “C” stands for company: http://www.professorbainbridge.com/professorbainbridgecom/2016/07/an-llc-is-not-a-corporation-but-sometimes-youll-get-corporate-law-by-analogy-anyway.html http://www.professorbainbridge.com/professorbainbridgecom/20... .