Posted by Rich-CA on August 27, 2008 at 17:08:01:
In Reply to: posted by John Merchant on August 27, 2008 at 16:38:55:
I would think that the entity doing business inside TX would require an operating agreement if it were not the owner and that under those circumstances the owner neither need be in TX nor be registered to do business in TX since their operating company meets those requirements.
To take your example further, if I took out the LLC and substituted a Land Trust instead, am I correct in assuming that I would have standing to file in TX courts since it would be an individual rather than a company? Also, would my operating company, which is based in TX, have standing to do this? Finally, since I use a PM, would they have standing per our agreement to handle the lawsuit on my behalf?
Thanks
- Re: "Doing Business"legal issue John Merchant 18:38:28 08/27/08 (0)