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Multi-Member LLC (MMLLC)

By IncNow | Published October 19, 2013

An LLC with more than one member is often called a multi-member LLC. Some believe that a multi-member LLC offers more asset protection benefits than a single-member LLC. This is because there is another party who is interested other than a possible debtor, which will provide more defenses in the case the company has a judgment creditor attacking its one member

When deciding where to form your company, consider that Delaware has advantages over your home state that may benefit you. Go