Legal Question in Business Law in New York
what are the legal effect if a limited liability company offers 60% of its share capital to third parties
Asked on 7/15/10, 12:12 pm
1 Answer from Attorneys
Kevin B. Murphy
Franchise Foundations, APC
Any attorney will say the legal effect is a change of ownership - 60% owned by the third party. Consult with an attorney in your area for specifics.
Kevin B. Murphy, B.S., M.B.A., J.D. - Mr. Franchise
Franchise Attorney
Answered on 7/16/10, 7:01 am
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