Examlex
Which of the following steps is not required when applying for a national certification exam?
Member-managed LLC
A limited liability company governed by its members rather than designated managers, with members actively involved in decision-making.
Articles of Organization
The legal document filed with a government body to formally establish a limited liability company (LLC).
Statutory Agent
An individual who is designated to receive service of process when a lawsuit is filed against a corporation or an LLC.
Shareholder Proposal
A recommendation or requirement submitted by a shareholder for consideration at a company's annual meeting.
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