There are two (2) types of LLCs: Manager Managed LLCs and Member Managed LLCs. A member managed LLC is an LLC that is managed by the members or owners of the LLC. In contrasts, a manager managed LLC is similar to how a Corporation is managed. A manager managed LLC is managed by a Manager(s) and the Member(s) determine who will be the Manager(s).
In the State of Illinois, the Illinois Limited Liability Company Act defines LLCs. Sean Robertson is Principal and Attorney for Robertson Law Group, LLC. Sean Robertson is a corporate, asset protection, and tax attorney. Sean Robertson may be reached at 312-498-6080 or 630-364-2318.
Keywords: LLC Corporation, Business Attorney Naperville, Business Attorney Chicago, Business Attorney Lisle, LLC incorporation, Manager Managed LLC
Monday, June 21, 2010
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