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when a general contractor forms an LLC with someone else,and

 
 
 

Customer Question

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when a general contractor forms an LLC with someone else,and shares his license so the other guy can have a license,I would like to know what kind of legal recourse there should be. a contract of some sort I would like to know or find out where to go to get all the information on this subject

Submitted: 1000 days and 9 hours ago.
Category: Legal
Status: CLOSED
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State/Country relating to Question: Hawaii

Already Tried:
nothing

 
 
 
 
 
 
Posted by MShore 1000 days and 9 hours ago.

Response From Expert

what would be the objective? what I mean is what do you seek to accomplish?RHolloman40053.1570000347

 
 
 
 
 
 
1000 days and 9 hours ago.

Customer Reply

well I am working with someone who has better knowledge than me in the paper trail world of contracts and deadlines but I am the one with the general contractors license. I have been asked If I would form an llc with him and be his RME I am considering this but I do not know much about this sort of thing I would like to get as much info as possible. thank you

 
 
 
 
 
 

Accepted Answer

ok, in allowing him to operate under your license you are liable for his actions, should their be a problem, your license is on the line.

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Expert: MShore
Pos. Feedback: 98.1 %
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Answered: 8/28/2009

Attorney

Negotiate, Draft, and Review many complex commercial agreements each year.

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1000 days and 8 hours ago.

Customer Reply

okay but what can I do to protect myself if things go bad

 
 
 
 
 
 
Posted by MShore 1000 days and 8 hours ago.

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