News & Analysis as of

Limited Liability Company (LLC) Transacting Intrastate Business

Allen Matkins

Some California Implications Of Delaware's New LLC Division Statute

Allen Matkins on

When I first heard about Delaware's new statute establishing a procedure for dividing a limited liability company, I immediately flashed back to High School Biology class and meiosis. In meiosis 1, a single cell divides into...more

Allen Matkins

Legislature Imposes New Penalty On LLCs

Allen Matkins on

As I discussed in this earlier post, “transacting intrastate business” is not the same as “doing business” in this state. Foreign corporations and limited liability companies must register with the Secretary of State if they...more

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