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

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Answered on 7/16/10, 7:01 am


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