4 ms·

Presumably, you'd need to register as a director of the LLC.

Uberphallus 6y ago
Sounds like a company that makes people disappear would have an LLC for such purposes and charge accordingly.
vmception 6y ago
Its state dependent of where the LLC is registered, as not all states have those requirements Its state dependent on whether the state you are physically in has the resources to enforce foreign LLC registration (hint: none do, with California being a big maybe) Its state dependent on whether enforcement has any real consequences, such as whether there is any retroactive punishment or not (example: New York State actually gives retroactive protections for your foreign LLC even after you are sued in court and form a domestic LLC as required to have a better case, so the only consequence there is having to register once you get sued which costs a little money, no consequence for the property and this doesn't address a bill of sale for a car) So, what happens when you get pulled over? Shrug, have all the papers? Point is that you can transfer any property this way by transferring the business that owns it with nobody knowing what the business actually owns.
- stickfigure 6y ago
  > So, what happens when you get pulled over? People get pulled over driving company cars all the time. That's exactly what this is.
  - octoberfranklin 6y ago
    This is exactly what do, because of outrage over DMV data leaks. Been pulled over a few times (tail light, missing front plates, etc). Never a problem. Helps to pick a company name that is boringly generic yet obviously conveys that "this company's purpose is to own vehicles".
    - feteru 6y ago
      Wait you actually own your car this way? Do you use the LLC for anything else?
      - vmception 6y ago
        I use LLCs and similar concepts to hold title, sometimes to a single asset. Its nice to be in an audience where others do it as well. But I think that's the point, you shouldn't know who does it if its designed well. Your name wouldn't be on any public records. And you can always just ambiguously say "my CPA/lawyer said to set it up that way I don't know anything" as opposed to coming across as a meticulous chess player in life.
      - octoberfranklin 6y ago
        > Wait you actually own your car this way? Yes. > Do you use the LLC for anything else? No.

Sounds like a company that makes people disappear would have an LLC for such purposes and charge accordingly.

Its state dependent of where the LLC is registered, as not all states have those requirements Its state dependent on whether the state you are physically in has the resources to enforce foreign LLC registration (hint: none do, with California being a big maybe) Its state dependent on whether enforcement has any real consequences, such as whether there is any retroactive punishment or not (example: New York State actually gives retroactive protections for your foreign LLC even after you are sued in court and form a domestic LLC as required to have a better case, so the only consequence there is having to register once you get sued which costs a little money, no consequence for the property and this doesn't address a bill of sale for a car) So, what happens when you get pulled over? Shrug, have all the papers? Point is that you can transfer any property this way by transferring the business that owns it with nobody knowing what the business actually owns.

stickfigure 6y ago
> So, what happens when you get pulled over? People get pulled over driving company cars all the time. That's exactly what this is.
- octoberfranklin 6y ago
  This is exactly what do, because of outrage over DMV data leaks. Been pulled over a few times (tail light, missing front plates, etc). Never a problem. Helps to pick a company name that is boringly generic yet obviously conveys that "this company's purpose is to own vehicles".
  - feteru 6y ago
    Wait you actually own your car this way? Do you use the LLC for anything else?
    - vmception 6y ago
      I use LLCs and similar concepts to hold title, sometimes to a single asset. Its nice to be in an audience where others do it as well. But I think that's the point, you shouldn't know who does it if its designed well. Your name wouldn't be on any public records. And you can always just ambiguously say "my CPA/lawyer said to set it up that way I don't know anything" as opposed to coming across as a meticulous chess player in life.
    - octoberfranklin 6y ago
      > Wait you actually own your car this way? Yes. > Do you use the LLC for anything else? No.