OT - LLC ??

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J Miller
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OT - LLC ??

Post by J Miller »

What does LLC stand for on the end of a companies name?


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Chuck 100 yd
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Post by Chuck 100 yd »

Limited Liability Co. or Corp. Dont know any more. Maybe a search would turn up more info. :D
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CraigC
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Post by CraigC »

Chuck 100 yd wrote:Limited Liability Co. or Corp. Dont know any more. Maybe a search would turn up more info. :D
Yep, the "C" is for corporation. You usually see this organization with small companies. As its name suggests it limits individual liability but without being publicly traded. Unless I'm remembering it wrong.
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J Miller
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Post by J Miller »

Thanks, I've been seeing this a lot recently. Even the blue Colt box casastahle posted in his thread is marked that way.


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Ysabel Kid
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Post by Ysabel Kid »

That's the exact purpose - limiting the personal liability of members to what they have "invested" in the business.
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