A legal entity formed under applicable state law with its existence being recognized as separate and distinct from that of its owners or shareholders.
See Also: Limited Liability Company (LLC), Partnership
What is considered a “design” occupation depends on the state, but generally includes occupations like architects and engineers.
Whether you’re looking to form a PC or an RLLP in California, a particular set of filings must be submitted—on time —with the CA Secretary of State.
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