Nov 5, 2019 | Blog, Dental Practices, Medical Practices, Partnership/Operating Agreements
An operating agreement is a contract that outlines how a Professional Limited Liability Company (PLLC) will function from its inception. It can diffuse potential disputes between members if the agreement addresses certain areas of concern for the PLLC. For example,...
Feb 27, 2018 | Buying/Selling a Practice, General, Medical Practices, Partnership/Operating Agreements
In New York State, professionals who are licensed through the Department of Education can structure their businesses in two ways: as a professional corporation (PC) or a professional limited liability company (PLLC). Under New York Law, both structures provide...
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