Massachusetts Statutes

§ 6 — Powers and privileges of limited liability company; information to be provided on certificate of organization or application for registration

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XXII CORPORATIONS·Ch. 156C LIMITED LIABILITY COMPANY ACT

Section 6.

(a)Except as otherwise expressly provided by law, a limited liability company may carry on any lawful business, trade, profession, purpose or activity.
(b)A limited liability company shall possess and may exercise all the powers and privileges granted by this chapter or by any other law or by the operating agreement, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the conduct, promotion or attainment of the business, trade, profession, purposes or activities of the limited liability company. Without limitation of the foregoing and except as otherwise expressly set forth in a written operating agreement, a limited liability company shall have the power to make guarantees of the obligations of another person or enti

Free access — add to your briefcase to read the full text and ask questions with AI

Massachusetts § 6 (Powers and privileges of limited liability company; information to be provided on certificate of organization or application for registration) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

11
View on official source ↗