See: Articles of organization.
llcs-corporations-partnerships
(Wex page)
Definition
In New York, the term used for “articles of incorporation”.
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Definition
A small, privately held corporation with only a few shareholders, usually family members or other close associates.
See alsoClose corporationFamily limited partnership (Wex page)
Definition
A class of stock or securities which represents equity ownership in a corporation. Common stock typically comes with voting rights, permitting shareholders control over the company by electing a board of directors and voting on corporate...
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Definition
A sale in which the purchaser receives possession of and the right to use certain goods, but title remains with the seller until the performance of a condition is met by the buyer. Usually, this condition is the buyer's full payment of the...
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Definition
An association, combination or partnership of businesses, financial institutions or investors engaged in a joint venture.
See alsoJoint venturePartnership (Wex page)
Definition
A person or business that agrees to conduct work for another entity as specified under the terms of a contract. Unlike employees, contractors are independent entities that do not work exclusively for one person or business and are subject to...
(Wex page)
Business Law Definition
In business and partnership law, contribution may refer to a capital contribution, which is an amount of money or assets given to a business or partnership by one of the owners or partners. The capital contribution increases the...