Examlex
The term "majority group" does not necessarily refer to the group with a numerical majority.
Capital Contribution
Money, assets, or other resources a partner or shareholder provides to a company or partnership to increase its capital.
LLC Statutes
Laws and regulations that govern the formation, operation, and dissolution of Limited Liability Companies within a jurisdiction.
Articles of Organization
The document filed with a state governmental body to legally form a limited liability company (LLC).
Noncorporate Business Organization
Any form of business entity that is not incorporated, such as partnerships, sole proprietorships, and limited liability companies, where the legal and tax characteristics may differ from those of corporations.
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