This program will feature an overview of the Delaware LLC Act and discuss some key distinctions between the Delaware and Tennessee acts. These include waiver and scope of fiduciary duties, management structures, agency rules, state franchise and excise taxes, and use of series LLCs. By the end of the session, attendees should have a better idea about when to recommend to clients that they form their LLC in Delaware rather than in Tennessee or another jurisdiction.
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This program will be filed for Tennessee CLE credit. Please email a request to firstname.lastname@example.org for Georgia and Mississippi CLE credit.