View Single Post
Old May 11, 2013, 10:14 AM   #2
Frank Ettin
Staff
 
Join Date: November 23, 2005
Location: California - San Francisco
Posts: 9,471
You probably need to check with a local business lawyer to check out the details in your State, but in general I think your wife would need to be listed as well as you.

While general partners in a partnership or managing members in an LLC can assign themselves or assume various ranges of responsibilities in the enterprise for organizational purposes, each legally has fully authority to conduct the business of the enterprise.

In other words, although you and your wife might decide between yourselves that in running the business you would do A, B and C while she would do X, Y and Z, as far as the rest of the world is concerned each of you could do everything.
__________________
"It is long been a principle of ours that one is no more armed because he has possession of a firearm than he is a musician because he owns a piano. There is no point in having a gun if you are not capable of using it skillfully." -- Jeff Cooper
Frank Ettin is offline  
 
Page generated in 0.04523 seconds with 8 queries