Re:How to form a California LLC without a lawyer
by formercoder on Tuesday September 15, 2020 @09:19PM
(#24488605)
Piercing the veil can occur for many different reasons, including some as simple as improperly kept notes of annual meetings. Consult with a lawyer to be sure every formality is followed.
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Re:How to form a California LLC without a lawyer
by feross on Tuesday September 15, 2020 @09:21PM
(#24488616)
This is incorrect. In California at least, LLCs do not need to hold annual meetings.
Re:How to form a California LLC without a lawyer
by pnw_hazor on Tuesday September 15, 2020 @09:30PM
(#24488663)
It is a duck test. The more your LLC operates like a "real" company, the harder it is to pierce the veil.
Re:How to form a California LLC without a lawyer
by formercoder on Tuesday September 15, 2020 @09:43PM
(#24488748)
Precisely why I said it’s complicated. Just make sure your lawyer tells you if you’re doing everything you need to.