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Kansas Corporate Legal Questions

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1 legal question has been posted about corporate law by real users in Kansas. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include corporate litigation, corporate taxation, and corporate governance. All topics and other states can be accessed in the dropdowns below.
Kansas Corporate Questions & Legal Answers
Do you have any Kansas Corporate questions and need some legal advice or guidance? Ask a Lawyer to get an answer or read through our 1 previously answered Kansas Corporate questions.
Corporate Law
Kansas

Recent Legal Answers

I want to know if in Ks. I can have more than 1 business under 1 LLC

Answered 8 years and 4 months ago by attorney JEFFREY L WILLIS   |   1 Answer
JEFFREY L WILLIS
John, A Kansas LLC can own multiple businesses.  The prupose of an LLC is to protect the owner from liability of business conduct.  The LLC and its assets are at risk, not the owners personal assets.  The only reason to create mutiple LLC's is to protect the assets of one LLC from the risk of another LLC.  if you have all three businesses under one LLC, all of the LLC assets are at risk from any one of the businesses.  if you have a problem with your food truck, the assets of the other businesses are at risk, not just the food truck.  you can have multipal owners as well.  a LLC operates by an Operating Agreement, which is like a partnership agreement between the owners.  Jeff... Read Answer
John, A Kansas LLC can own multiple businesses.  The prupose of an LLC is to protect the owner from liability of business conduct.  The... Read Answer

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