Legal Question in Business Law in California
is it lawful to have an llc cancelled but yet have another llc with identical name as cancelled llc one that's listed with the franchise tax board as an llc taxed as a corp
Asked on 10/22/13, 10:49 am
2 Answers from Attorneys
Keith E. Cooper
Keith E. Cooper, Esq.
Generally, a cancelled LLC ceases to exist in the eyes of the state and its name is up for grabs. The danger of reusing the name, of course, is that creditors of the old entity might confuse it with the new entity.
Answered on 10/22/13, 11:37 am
Bryan Whipple
Bryan R. R. Whipple, Attorney at Law
I agree with Mr. Cooper, and would add that an LLC of the same name can be created in another state, or in the same state while the earlier LLC is merely suspended, rather than canceled.
Answered on 10/22/13, 3:08 pm
Related Questions & Answers
-
Are u aloud to take ur own bag in to a store to use to shop instead of a cart Asked 10/21/13, 10:14 am in United States California Business Law
-
How do I transfer assignment of judgement to my son in Los Angeles, California. Is... Asked 10/18/13, 5:01 pm in United States California Business Law
-
Party A & B have a written contract, signed by both parties. Party B is not... Asked 10/18/13, 8:25 am in United States California Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
