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socio mayoritario

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11:38 Jul 20, 2000
Spanish to English translations [PRO]
Law/Patents
Spanish term or phrase: socio mayoritario
I need to know any possible translation for the term "socio mayoritario" in relation to the LLC organized in California.-
Besides, I need to know how the capital of this kind of company is divided according to U.S. law.

Thanks a lot.
karina Pellegrineschi
KSP
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Summary of answers provided
naPS -- Here's a great web article ON LLCs!Heathcliff
nasee belowTelesforo Fernandez
namajority shareholderHeathcliff
namajor share holderTelesforo Fernandez


  

Answers


7 mins
major share holder


Explanation:
It is called major share holder. Later on I will give you the other aprt of the answer,

Telesforo Fernandez
Local time: 18:10
PRO pts in pair: 262
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15 mins
majority shareholder


Explanation:
is the correct term in English, for LLCs (limited-liability corporations) as well as in more general discussions of the ownership of a corporation's shares. -- The office of the California Secretary of State should have ample information on the subject, especially because LLCs are becoming much more popular as a way of organizing (small) businesses. -- Hope this helps!

Heathcliff
United States
Local time: 05:40
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 843
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17 mins
see below


Explanation:
How capital is divided ?
please go the site gievn below and read all about it

http://www.lucilledesign.com/svlg/publs/sbe/sbe.htm


    Reference: http://www.lucilledesign.com/svlg/publs/sbe/sbe.htm
Telesforo Fernandez
Local time: 18:10
PRO pts in pair: 262
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25 mins
PS -- Here's a great web article ON LLCs!


Explanation:
This should tell you just about everything...

LIMITED LIABILITY COMPANIES by Esther Z. Hirsh

(Esther Z. Hirsh is an attorney in private practice in Berkeley, California. She was formerly a partner in the law firm of Long & Levit in San Francisco. Ms. Hirsh received her J.D. degree from the University of San Francisco School of Law. She was admitted to the California Bar in 1981.)

Partial contents:
§ 16:1 Definitions
§ 16:2 Overview of Beverly-Killea Limited Liability Company Act
§ 16:3 Tax advantages of LLCs; distinctions between LLC and S and C corporations
§ 16:4 Nontax-related advantages of LLC
§ 16:5 Disadvantages of LLCs
§ 16:6 Factors in determining when LLC is preferred business entity
§ 16:7 Factors in determining when LLC is not preferred business entity
§ 16:8 California LLCs compared to those of other states
§ 16:9 Merger and dissolution
§ 16:10 Securities issues
§ 16:11 Duties and liabilities of members and managers
§ 16:12 Application of alter ego doctrine to LLCs

and, straight from the source:

California Office of the Secretary of State
Limited Liability Company Unit
P.O. Box 944228
Sacramento, CA 94244-2280
1-916-445-0620



    Reference: http://www.lamission.cc.ca.us/law/LLC4.HTML
Heathcliff
United States
Local time: 05:40
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 843
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