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FFL Formation Services with FFL Operating Agreement / Bylaws

We are regularly asked to help people setup their FFL properly. One of the biggest problems with many FFL's is that they use regular operating agreements or corporate bylaws. There are some specific issues why using a canned or shell company documents may not be appropriate and why you should consider using agreements that are specifically drafted for FFLs. If the business entity is used correctly, the business entity can stop the liability from going to the owners and managers. Many corporate and LLC docs can prohibit some of the...

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Published By: Justia - Thursday, 9 February