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There are certain circumstances in which the owner of an LLC could be sued. Some of the possible situations in which you could sue would be if the owner signed a personal guarantee of responsibility, if their direct action caused physical injury, if they didn't withhold employee taxes, or if they commit fraud. This is a complicated matter which should be referred to an attorney.
Wiki User
∙ 9y ago
Wiki User
∙ 15y agoYes. Be sure that the LLC is identified specifically (see below example): IN THE CIRCUIT COURT OF DARROW COUNTY, NITA CIVIL DIVISION Jeffery T. Potter and Katherine Potter, husband and wife, and the marital community composed thereof, Plaintiffs, v. Brad Example Construction LLC, a Nita Limited Liability Company, Defendant. You will also need to check with your state's corporation authority to find out the registered agent of the LLC so you know who must be served with the small claims complaint.
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Can a LLC invest in its parent LLC?
Yes, a LLC, that is, a LLC that is member of a LLC, could theoretically make a distribution to its parent LLC. Although, where member(s) of the LLC that is a member of the "parent" LLC are also member(s) of the parent LLC violate certain imputed fiduciary duties, the potential arises for unlawful self-dealing to occur.
Can a member of LLC be a minor?
no
Can a minor be a member of a LLC?
no
Is an llc member liable for llc debt in Colorado?
In Colorado, an LLC member's liability for the LLC's debts is generally limited to the amount of their investment in the LLC, unless they personally guarantee the debt or engage in wrongful or fraudulent acts. Members are not usually personally liable for the LLC's debts in Colorado.
Where can one find information regarding a single member llc?
A single-member LLC is a liability company with only one member. One can find information on a single-member LLC including tax information and forms at the IRS official website.
Can a family member sue another family member for not being notified of a parent's death and funeral?
Eh, what are you trying to prove or get out of?
What is another name for a small business owner?
Another name for a small business owner is "proprietor." In the US, if the owner is doing business as an LLC, he is a "member."
Who signs w-9 when it is an llc?
The Business Owner if single-member llc, Accountant.
Can a family trust be a member of an llc?
yes
What is a name for a business owner?
Another name for a small business owner is "proprietor." In the US, if the owner is doing business as an LLC, he is a "member."
If you are personally sued but a member of an LLC can they collect from the LLC?
Yes, but if it was reverse they wouldn't be able to coma after you personally.
Can your single member real estate llc rent to your single member business llc?
Yes. Although a single member LLC is a "disregarded entity" for tax purposes, in other respects it is treated as any other LLC. The fact that one person owns the membership interests in both LLCs does not prevent them from forming an agreement that is valid between them.
