Legal Question in Business Law in Texas
limited liabilitity corp
do i need a lawyer to become LLC?i am sole proprietor of my company
Asked on 1/29/07, 3:54 pm
2 Answers from Attorneys
Johm Smith
tom's
Re: limited liabilitity corp
You don't have to have one; you can get forms from the TX Sec. of State website. But it would be safest for you to consult with one so you don't cause any problems for yourself down the road. Remember, that limited liability is all that will be insulating you from claimants coming after you personally, and there are some very serious pitfalls to major transactions--e.g., selling your company.
Answered on 1/29/07, 4:05 pm
Peter Bradie
Bradie, Bradie & Bradie
Re: limited liabilitity corp
You can get the forms from the Texas Secretary of State's website. But I would suggest you hire a lawyer because you can't become an LLC; the LLC is a fictional person with rights of its own.
Answered on 1/29/07, 4:23 pm
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