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Fiduciary duties are among the most important topics found (or often not found) in operating agreements. Arizona’s newly revised limited liability act clarifies many of the duties that managers and members of the LLC owe.
This article describes those subjects that may be changed and also those subjects that cannot be modified by your operating agreement.
Any LLC company formed, converted or domesticated before Sept. 1, 2019 may elect voluntarily to be subject to the New Act by amending its operating agreement accordingly.
The new minimum wage increase applies to all Arizona employers, except small business, in keeping with the present coverage provisions of the Arizona Minimum Wage Act
This article focuses on some of the legal problems that may arise if you convey, or accept, real property via a quitclaim deed.
We believe we must shoulder the commitment and the passion to knock down walls, to leave no stone unturned, and to refuse to accept no for an answer.
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