Legal Question in Business Law in Utah
I am creating an LLC for the purpose of selling MLM products and also products I will create and sell. When I create this business entity, do I need to disclose it is for MLM marketing? Are there downsides, risks to not disclosing I'm selling MLM product?
Asked on 4/14/11, 4:48 pm
1 Answer from Attorneys
Randy Lish
Randy M. Lish, Attorney at Law
If you are setting the LLC up in Utah, the statute allows you to state the business purpose as "any business allowed by law," or anything similar. Call me if you have questions.
Randy M. Lish
Answered on 4/15/11, 7:49 am
Related Questions & Answers
-
A board member and chief marketing officer of a billion dollar + corporation... Asked 4/05/11, 12:39 pm in United States Utah Business Law
-
We are partners in a buisness. The guy who owned the land we put the building on... Asked 3/23/11, 9:37 am in United States Utah Business Law
-
I am going to be a sales rep for a company called Vivint. I can make money if I... Asked 3/22/11, 1:05 pm in United States Utah Business Law
-
Anna orders a meal in an Italian restaurant. After her food is served, she takes a... Asked 3/06/11, 10:38 am in United States Utah Business Law
-
Muzak has an evergreen clause on their contract renewing every 5 years.....is that... Asked 2/24/11, 9:08 am in United States Utah Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
