Legal Question in Business Law in Texas
LLC owned by C corp
Can a Texas C corporation own an interest in a Texas LLC?
Asked on 11/15/01, 12:13 pm
2 Answers from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: LLC owned by C corp
Yes.
Answered on 11/15/01, 12:36 pm
Sheldon G. Bardach
Law Offices of Sheldon G. Bardach
Re: LLC owned by C corp
That may well be a question of Texas law. The only thing which would prevent a California corporation from owning an interest in an LLC, would be its articles or by-laws. They should be carefully looked at.
Answered on 11/15/01, 9:59 pm
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