law:limited-liability
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| law:limited-liability [2026/08/10 11:54] – [Suicide Trolling] Humphrey Boa-Gart | law:limited-liability [2026/08/19 09:08] (current) – [Acquiring Limited Liability] Humphrey Boa-Gart | ||
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| A **Limited Liability Corporation** //(also known as an **LLC**)// is a type of hybrid business entity in the United States //(with rough equivalents in many other countries)// | A **Limited Liability Corporation** //(also known as an **LLC**)// is a type of hybrid business entity in the United States //(with rough equivalents in many other countries)// | ||
| - | {{wst> | + | {{wst> |
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| The basic LLC is but one type of Limited Liability available for your [[diy: | The basic LLC is but one type of Limited Liability available for your [[diy: | ||
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| ===== Acquiring Limited Liability ===== | ===== Acquiring Limited Liability ===== | ||
| - | Limited Liability | + | Limited Liability |
| //For the purposes of this tutorial, we will be creating anonymous LLC's in **New Mexico**, as it is the cheapest & easiest of all states to do this kind of thing from remotely. It costs a mere **fifty dollarydoos** to register your LLC with the state, and this registration is __**good for life with no annual filing requirements**__. However, you may want to consider adapting this guide for **Wyoming**, | //For the purposes of this tutorial, we will be creating anonymous LLC's in **New Mexico**, as it is the cheapest & easiest of all states to do this kind of thing from remotely. It costs a mere **fifty dollarydoos** to register your LLC with the state, and this registration is __**good for life with no annual filing requirements**__. However, you may want to consider adapting this guide for **Wyoming**, | ||
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| ===== Limits of Limited Liability ===== | ===== Limits of Limited Liability ===== | ||
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| It needs to be stressed that //" | It needs to be stressed that //" | ||
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| That said, I have had extensive discussions with friends who have gotten out of parking tickets with company vehicles. One friend told me that they got out of a ticket issued in their name, because the city was not able to prove it was that specific person in the company who illegally parked the vehicle. Another person told me how they got out of a stack of parking tickets by simply transferring the vehicle to a second LLC, which was not legally responsible for the tickets accumulated by the first LLC, and then shutting down the first LLC entirely. | That said, I have had extensive discussions with friends who have gotten out of parking tickets with company vehicles. One friend told me that they got out of a ticket issued in their name, because the city was not able to prove it was that specific person in the company who illegally parked the vehicle. Another person told me how they got out of a stack of parking tickets by simply transferring the vehicle to a second LLC, which was not legally responsible for the tickets accumulated by the first LLC, and then shutting down the first LLC entirely. | ||
| - | I suspect tricks like this are going to become harder in the coming years with the advent of AI-assisted ticketing enforcement, | + | I suspect tricks like this are going to become harder in the coming years with the advent of AI-assisted ticketing enforcement, |
| ==== Suicide Trolling ==== | ==== Suicide Trolling ==== | ||
| - | I know what some of you are thinking right now, and no you cannot get out of criminal/ | + | I know what some of you are thinking right now, and no you cannot get out of criminal/ |
| However, if you are the // | However, if you are the // | ||
law/limited-liability.1786362850.txt.gz · Last modified: by Humphrey Boa-Gart
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