Guide to creating and running a LIMITED LIABILITY COMPANy (LLC)
Welcome!
Both individual tribal citizens wanting to create and grow their own businesses and a tribal nation wanting to create its own wholly-owned enterprises may find that an LLC makes sense for structuring business ownership and operations. This guide sets out the key elements of a tribal code -- tribal law -- under which individual citizens or a tribal government can create LLCs, and will walk you through the key steps you need to take to properly form an LLC. The process of creating an LLC has been broken down into three steps.
1. Gear Up - Prepare yourself with a series of questions and decision points you should consider before building an LLC.
2. Instructions - Step-by-step instructional manual to guide you through the process of how to develop an LLC.
3. Start Building - Fill out an online questionnaire to help you assess what you need to create an LLC and take the first steps towards building your own codes.
Finally, this guide is not meant to constitute legal advice or to substitute for the advice of a qualified attorney on legislative matters. But this guide will help you know what questions to ask your attorneys if your are developing your business structures!
Who built this guide?
The lessons and frameworks in this Learning Guide draw on years of rich quantitative and qualitative data provided by the Indigenous Peoples Law and Policy Program, Native Nations Institute, and the Harvard Project on American Indian Economic Development and its Honoring Nations Awards. "Guide to Limited Liability Companies" is authored by Robert Hershey, Shaun Courtney, and Tim Sanders.
