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very true, but you can glean some clues regarding any entities that came before the Delaware LLC, or another state LLC that has a similar name, or does transact

very true, but you can glean some clues regarding any entities that came before the Delaware LLC, or another state LLC that has a similar name, or does transactions with the Delaware LLC. Or you can search on those you think may be involved with the Delaware target. Their names often show up in other less opaque filings. So, you man not find the smoking gun, but you can sure gin up a lot of smoke.

nocoiner 3y ago
For sure. By way of further example, if you’re looking into land owned by an LLC (or other entity), the LLC had to be conveyed that land at some point - searching the county grantor/grantee index of deeds will turn up who owned the land before and may be suggestive as to who owns the LLC (or maybe not - maybe ownership of the LLC was conveyed instead of the real property interests specifically to avoid showing up in the county records - it’s a fun puzzle).
lsllc 3y ago
In fact many states require LLCs created in other states to register as a foreign entity if they do any business in that state (incl. having a presence there). For example in Massachusetts [0]: Pursuant to M.G.L. Chapter 156C, §48, a foreign limited liability company doing business in the Commonwealth must submit to the Corporations Division within ten days after it commences doing business in the Commonwealth, an application for registration as a foreign limited liability company ... So even if you form your LLC in Delaware, if you live/work/conduct business in Mass, then you must also register there -- it costs $500/yr and the statute requires that a non-trivial amount of information about the company be supplied including the names/addresses of "managers" for the entity as well as the registered agent. I don't know what the privacy laws for foreign entities in registered in MA are (if any), but I suspect not the same as say Delaware. If you have a footprint in more than one state, you may be required to file as a foreign entity in multiple states. [0] https://www.sec.state.ma.us/divisions/corporations/filing-by-subject/limited-liability/corporations-foreign-limited-liability-company.htm https://www.sec.state.ma.us/divisions/corporations/filing-by...

nocoiner 3y ago

For sure. By way of further example, if you’re looking into land owned by an LLC (or other entity), the LLC had to be conveyed that land at some point - searching the county grantor/grantee index of deeds will turn up who owned the land before and may be suggestive as to who owns the LLC (or maybe not - maybe ownership of the LLC was conveyed instead of the real property interests specifically to avoid showing up in the county records - it’s a fun puzzle).

lsllc 3y ago

In fact many states require LLCs created in other states to register as a foreign entity if they do any business in that state (incl. having a presence there). For example in Massachusetts [0]: Pursuant to M.G.L. Chapter 156C, §48, a foreign limited liability company doing business in the Commonwealth must submit to the Corporations Division within ten days after it commences doing business in the Commonwealth, an application for registration as a foreign limited liability company ... So even if you form your LLC in Delaware, if you live/work/conduct business in Mass, then you must also register there -- it costs $500/yr and the statute requires that a non-trivial amount of information about the company be supplied including the names/addresses of "managers" for the entity as well as the registered agent. I don't know what the privacy laws for foreign entities in registered in MA are (if any), but I suspect not the same as say Delaware. If you have a footprint in more than one state, you may be required to file as a foreign entity in multiple states. [0] https://www.sec.state.ma.us/divisions/corporations/filing-by-subject/limited-liability/corporations-foreign-limited-liability-company.htm https://www.sec.state.ma.us/divisions/corporations/filing-by...