Originally published by Vethan Law.
A limited liability company or LLC does not need a board of directors, but it can have one if the operating agreement sets up the management structure as a board. Having a board of directors can add formality to a business structure that is still relatively new, and provide a familiarity for others not well-versed in LLCs.
Curated by Texas Bar Today. Follow us on Twitter @texasbartoday.
from Texas Bar Today http://ift.tt/2ux0sMQ
via Abogado Aly Website
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