Legal Question in Business Law in California
Is there such a thing as being a silent partner in a CA non-profit LLC?
Asked on 10/13/11, 8:32 pm
2 Answers from Attorneys
Bryan Whipple
Bryan R. R. Whipple, Attorney at Law
LLCs don't have partners. Only partnerships have partners.
Also, the concept of a "non-profit LLC" is new to me. Never heard of such an entity. As far as I know, California law does not provide for such an entity, but perhaps the laws of other states?
Answered on 10/13/11, 9:24 pm
There is no such thing as a non-profit LLC in California. There is also no such thing as a non-profit partnership, so there can be no legal partners of any kind in a non-profit.
Answered on 10/13/11, 11:17 pm
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