Did you know Tennessee laws prohibit companies from sex discrimination in Tennessee? Below is the statute that states out what the prohibited acts are. There is also federal protection under the Equal Pay Act. Both laws seek to ensure men and women who perform the same or similar jobs are […]
Monthly Archives: January 2014
Each year, every company in Tennessee must file an annual report. For most companies, these reports are due by April 1st. It is a great time of the year to review your business structure and documentation with a business attorney to make sure everything is in place. The Tennessee Secretary […]
There are many things to consider when choosing the name of a corporation in Tennessee. When reviewing a name, it is good to check the Secretary of State’s list of businesses to make sure no other company has the same or similar name. There is also a statute that sets […]
Having an operating agreement is an important step for any LLC in Tennessee with more than one member. Some important questions that need to be answered in an operating agreement are: 1) Names of Members 2) Percentage of Ownership 3) Titles and job descriptions of each. Job descriptions should include […]
Did your business stop operating in 2013? Would you like to close it down before having to pay the annual fee? There are multiple ways to close down an LLC in Tennessee, but certain steps should be taken to prevent personal liability of the members after the close of the […]