What are the advantages of a Professional Limited Liability Company (PLLC)?

 
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Posted On : 2nd Feb 2010

A major advantage to a start professional limited liability company is the limited liability the corporate entity affords its shareholders. This 'limited liability' benefit is generally limited by State statute, as PLLC’s, in order to prevent a 'licensed professional' from avoiding liability for 'malpractice'.

 

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