Quote:
Originally Posted by trevesty
No, you're the owner. You don't need to write anything to give yourself permission, unless your operating agreement explicitly states anyone and everyone needs written authorization to conduct business on behalf of the LLC.
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Strictly speaking, even though an individual may be the 'owner' of a company, legally they can still act as an employee as under United States law, the company is a physical entity that is ultimately responsible for any and all actions of their employees.
That being said, unless the corporate veil has been pierced, even the owner of the company can not be sued for that business' actions so long as they were not inherently fraudulent or illegal while being carried out.
It may be worth setting up two LLCs for this very reason and having one owned in partnership with the other, as to mitigate this type potential exposure even more.
Not actual legal advice, just explaining one scenario where operating an LLC, owned by another LLC might be of use based on my own business ventures and how many are actually owned by a 'shell' company (for all intents and purposes).
There are of course other tort exceptions to LLC.