Legal Question on a LLC in Virginia state doing Business with LLC in Oklahoma State
Asked on May 07th, 2014 on Business Law - Virginia
More details to this question:
Is there any legal issues for a LLC registered in the state of Virginia to have a MOU (Memorandum of Understanding) with another LLC registered in the state of Oklahoma and then invest in a Real Estate Project in the state of Oklahoma? Both these LLCs will have a 50% each investment. Does my LLC require foreign filing in Oklahoma state?
On the Virginia side, there would be no issues, but only an Oklahoma lawyer would know about issues on the Oklahoma side. You likely would have to do a foreign filing in Oklahoma.
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