Legal Question in Business Law in Nevada
Llc
When is an LLC considered a legal entity? When it is filed or when it is active? This is a Nevada based LLC. The LLC was filed on 03/02/06 and it became active 08/03/06. When was it considered a legal entity? Thanks.
Asked on 11/30/08, 12:37 pm
3 Answers from Attorneys
James Smith
James E. Smith Ltd.
Re: Llc
As soon as it is filed it exists as a legal entity.
Answered on 11/30/08, 12:46 pm
James Smith
James E. Smith Ltd.
Re: Llc
As soon as it is filed it exists as a legal entity.
Answered on 11/30/08, 12:47 pm
Warren Markowitz
Warren R. Markowitz, Esq
Re: Llc
One the documents are filed and accepted by the Secretary of State, your LLC is a legal entity. The date is is first used is not controlling.
Keep in mind, if you fail to keep up the filings with the SOS, then you run the risk of losing the limited liability that is the cornerstone of the structure.
Answered on 11/30/08, 9:05 pm
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