4 ms·
All limited liability partnerships have a field of business registered (however broad or vague, but it has to have at least one; some jurisdictions also standar
by anticensor 7y ago
All limited liability partnerships have a field of business registered (however broad or vague, but it has to have at least one; some jurisdictions also standardise those fields of business) and you usually need supermajority to split, merge and/or change the registered field and/or name. Or do you mean PBC charter can limit further than business licensure requirements?
- kube-system 7y agoPBCs are corporations. Partnerships (at least in the US) are not corporations and work very differently.
- anticensor 7y agoI meant partnerships in broad sense, not in USA classification of entities sense. In that sense, corporations are limited-liability partnerships.