Single-owner businesses and LLC formation
Even if you have a single employee or other person that you work closely with, forming one to conduct your business is a smart idea
LLC
The duty of loyalty under the new LLC Act
You can’t really understand the duty of loyalty unless you’re aware of the eight subsidiary duties hidden in it
How to approach a Section 5 election
Forms can help LLCs decide whether to be covered by the new LLC before 2014
'Flexibility' in the new LLC law
Knowing what your organization really stands for and knowing how to communicate that message is a business art
'Off-the-shelf' agreements embedded in new LLC law
The agreements are a major boon for New Hampshire small businesses that lack tailored operating agreements
Converting corporations under the new LLC law
Changes mean the real estate transfer tax likely won’t apply to conversions
The new law and ownership rights
The act’s provisions are so much stronger that not adopting them early might be a big mistake
The rules are changing for operating agreements
New Hampshire’s current LLC act (which I’ll call the “Old Act”) provides that an agreement among the members of an LLC about their rights and duties as members (an “operating agreement”) won’t be legally binding unless it’s in writing; and…
Opting in to new LLC law: should you or shouldn't you?
New Hampshire's new LLC act will become effective on Jan. 1, 2013, for LLCs formed on and after that date. But what about the roughly 50,000 New Hampshire LLCs that, on that date, will already be in existence? The short…
