Legal Question in Business Law in Missouri
Can a social group be such as Gateway Steampunk Society be an LLC. Do LLC protections apply if it is not a business.
Asked on 11/05/23, 8:03 pm
2 Answers from Attorneys
Frank Natoli
Natoli-Legal, LLC
Usually a social group will be a non-profit, but sure it can be an LLC if it is a for profit business. The business can be as simple as a membership drivien social club.
Answered on 11/06/23, 7:00 am
Richard Bryan
Richard Bryan Attorney PC
That's a state specific question as some states allow for not-for-profit LLC's, but most do not. Corporations also offer asset protections, as do trusts, so you have some options.
Good luck.
Answered on 11/06/23, 1:06 pm
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