Series 66: Limited Liability Company (LLC)

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Limited Liability Company (LLC)...

a corporate structure that is a "pass-through entity." Profits and losses "pass through" the business to the LLC owners. As with a partnership, business income and losses are reported on the owners' personal income tax returns. As with a corporation, all LLC owners are protected from personal liability for business debts and claims.

+ Read More

More Series 66 Info

What are people saying?

Create an Account

We have an excellent Audiobook for the Series 66!

Since you're reading about Series 66: Limited Liability Company (LLC), you might also be interested in:

Series 65 - future value

Series 28 - aggregate indebtedness

Series 7 - Office of Foreign Assets Control (OFAC)

Series 65 - contingent deferred sales charge

Series 7 - contraction

Series 27 - syndicate settlement date

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

So, on this exam [Series 66] I used both your material and Kaplan. mainly because the bank had already paid for kaplan and I had grown accustom to your laid back writing style along with a great mp3 version of the book. Anyway, I got a fair amount of questions from both the kaplan material and your material before taking the test. I have to say that your material matched more closely to the test than I ever would have expected. I will be coming back to Solomon exam prep for ALL of my exam prep needs. :-) Thanks!

Marshall Wolfe, Hopkinsville, KY

I used Solomon Exam Prep for both the Series 7 and the 66 which I took within a couple of months of each other. I smoked both tests with an 85% and an 88%. Well above the passing score. The books have just enough humor to keep things interesting and the practice tests and quizzes are phenomenal. If you want to get the most out of these programs pound out as many practice test as you can.

K. Nick Thoeni, Gilroy, CA

I purchased Solomon Exam Prep to get a leg up on the S66 exam. I had taken it a few times already missing it by 1-2 points. A friend of mine enrolled on the test site and passed it on the first try. We did share notes while she was studying. It was then I realized Solomon has something the other test prep companies did not have, which helped me get over the hump. I will recommend it to anyone who really want to pass it the first time up!

Dany H. First Command Norfolk, VA

Karen and Team Solomon, thank you so much for all your support. Your Series 7 program was easy to understand. The "Ask the Professor" was invaluable for the Series 66. You are the program of choice for our office.

Kirk, PA

Thank you so much Solomon Prep for helping me to be able to successfully pass all three of my exams (SIE, Series 7 and Series 66) in a relatively short period of time. The exam packages were excellent! I will continue to refer people to your amazing program!

Jessica Macci, Goldman Sachs. Albany, NY

I passed my Series 66, 1st try. Your audiobook was the game changer for me. Thank you!

S Stephens, Merrill Lynch. Orlando, FL