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MASSACHUSETTS LEGAL INFORMATION
LLC Links -- Forms and Statutes
Selected Massachusetts Statutes
- Chapter 156C: Section 3. Name of limited liability company
Section 3. The name of each limited liability company as set forth in its certificate of organization:
(1) shall contain the words “limited liability company”, “limited company”, or the abbreviation “L.L.C.”, “L.C.”, “LLC” or “LC”;
(2) may contain the name of a member or manager; and
(3) may not be the same as, or deceptively similar to the name of any corporation, limited partnership or limited liability company reserved or organized under the laws of the commonwealth or licensed or registered as a foreign corporation, foreign limited partnership or foreign limited liability company in the commonwealth, except with the written consent of said corporation, limited partnership or limited liability company previously filed with the state secretary.
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- Chapter 156C: Section 6. Powers and privileges of limited liability company; information to be provided on certificate of organization or application for registration
(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 entity.
Library of Informational Legal Articles
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