can members of a LLC series be under 18 years old?

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I want two of my grandchildren, ages 13 and 14, to be members of a cell of a Series LLC. Is this o.k.?

2007-01-09 06:25:46 · 2 answers · asked by TaylorAdams4me 1 in Business & Finance ➔ Corporations

Underage persons cannot be members of an LLC.

2007-01-09 06:30:18 · answer #1 · answered by SS_18_n'yo'azz 2 · 0⤊ 0⤋

They are not old enough to make decisions that could involve contracts.

2007-01-09 20:39:05 · answer #2 · answered by chris 3 · 0⤊ 0⤋