Temporary Guardianship Form Illinois Pdf Form Resume Examples
Can A Minor Form An Llc. For example, michigan , according to a 1981 attorney general opinion , does not let a minor form a corporation. Web can you form an llc if you're under age 18?
Temporary Guardianship Form Illinois Pdf Form Resume Examples
If not then what is the best way to allow that minor to form their company while still doing 100% legally. I am 15 and would like to form an llc as i fix computers and electronics for extra money and would like to expand. The organizer is responsible for setting up the llc. Web a minor can own an llc through the representation of a parent, guardian, or legal agent. Web can you form an llc if you're under age 18? Web can a minor in nj own an llc? However, you still should contact an attorney concerning the formation. For example, michigan , according to a 1981 attorney general opinion , does not let a minor form a corporation. Web from the current legislation, it appears that minors can form an llc in the aforementioned states. Many lawyers on avvo offer a free phone consultation.
Web when applying for a business license, kids need to know the state’s laws on child and teen labor as well as laws for entering into legal agreements with minors. To form an llc, one or more people (or a business entity such as a corporation or llc) must act as the organizer. Web can you form an llc if you're under age 18? For example, michigan , according to a 1981 attorney general opinion , does not let a minor form a corporation. Web so the next question to answer is whether a minor can be a member of an llc (or, in other words, own an llc). Web a minor can own an llc through the representation of a parent, guardian, or legal agent. You may want to discuss your situation with a lawyer in more detail. Web no, there is no age restriction to starting an llc in ohio. Web posted on apr 1, 2018. The organizer is responsible for setting up the llc. The main limitation of a minor owning an llc lies in their inability to enter legally binding contracts on behalf of the company.
