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Re:Inc. or LLC? by rms on Friday August 10, 2007 @08:57PM (#41403)
In PA, an LLC can have shares but only if you write the legal framework yourself. By default, a PA LLC has membership interests, which are defined as a certain percentage of the company.
Re:Inc. or LLC? by zach on Saturday August 11, 2007 @01:03AM (#41436)
Good to know, thanks. I guess in some places LLCs are still more like partnerships than corporations.