Consider An LLC With A Board of Directors
It certainly isn't commonplace to think of the limited liability company (hereinafter "LLC") as having a board of directors. In fact, it may be that most individuals, upon hearing the words "board of directors," immediately assume the topic of conversation revolves around the action of some corporation. In other words, it might be thought that having a board of directors is exclusively reserved to corporations, and not LLCs. I'll take the liberty and cut through your anticipation: they are not. By way of introduction, all business entities are persons under the law by means of the contracts that create them. For example, the LLC [...]