Legal Question in Business Law in California

Statement of Information

California requires a description of the general type of business being conducted for an LLC. I.E. Retail, Service, Finances, etc... Can more than one type of business activity be entered for one LLC? Can one business have independent business activities? Service + Real Estate?


Asked on 1/27/07, 9:06 pm

1 Answer from Attorneys
Carl Starrett Law Offices of Carl H. Starrett II

Re: Statement of Information

The Statment of Inormation must designate state the general type of business that constitutes the principal business activity of the limited liability company (for example, manufacturer of aircraft; wholesale liquor distributor; or retail department store).

You should only list one line of business business type even if the LLC has multiple types of business activities. See Corporations Code Section 17060.

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Answered on 1/27/07, 9:24 pm


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