I certify from the records of this office that DPS Dynamic Painting Systems LLC is a limited liability company organized under the laws of the State of Florida.
I further certify that said limited liability company has paid all fees due this office and that its most recent annual report was filed and its status is active.
A Limited Liability Company (LLC) business entity hve characteristics both corporation and partnership or sole proprietorship (depending on how many owners there are). An LLC, although a business entity, is a type of unincorporated association and is’nt a corporation. The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation. It more flexible than a corporation, and it is well-suited for companies with a single owner.
Limited Liability Companies were introduced to the United States by the State of Wyoming in 1976, borrowing heavily from German Gesellschaft mit beschränkter Haftung.
In the absence of express statutory guidance, most American courts have held that LLC members are subject to the same common law alter ego piercing theories as corporate shareholders. However, it is more difficult to pierce the LLC veil because LLCs do not have many formalities to maintain. So long as the LLC and the members do not commingle funds, it would be difficult to pierce this v Membership interests in LLCs and partnership interests are also afforded a significant level of protection through the charging order mechanism. The charging order limits the creditor of a debtor-partner or a debtor-member to the debtor’s share of distributions, without conferring on the creditor any voting or management rights. Limited liability company members may, in certain circumstances, also incur a personal liability in cases where distributions to members render the LLC insolvent.
If you’re looking for a Professional House Painter or Professional House Painting Contractor in the Port Orange or Daytona Beach FL area, look no further. Licensed and Insured: Florida State, LLC # L07000061421 Contact Jeffrey Whitmer by email [email protected] or phone (386) 214-5329
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