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Do the members of a limited liability company need to be natural persons, or can they be artificial legal entities?

April 26, 2017artificial entities Legal limited liability company members natural persons

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Do the members of a limited liability company need to be natural persons, or can they be artificial legal entities?

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Most states do not require the members of a limited liability company to be a natural person. Corporations, partnerships, or other artificial legal entities can be members of a limited liability company in these states. For specific rules on member eligibility in your state, please see the State Law Digest included with the purchase of an LLC form from www.findlegalforms.com.