摘要：Limited Liability Companies is a new business organization that · combines the taxation of a partnership with the limited liability of a corporation; · can facilitate the transfer of property ownership from one organization to another; · offers an alternative for businesses involved in environmentally sensitive activities; · must meet the same requirements as North Dakota farm corporations if the company engages in farming or ranching in the state; · may not provide much opportunity to reduce self-employment tax; and · will not change lenders' expectations that owners personally guarantee the repayment of the business' loans.
