re: #344 Fozzie Bear

If you run a public LLC as an administrator… it isn’t your money. If you run a private corporation, these laws never applied to you.

So what, exactly, are you talking about in this fictional group of 10?

“isn’t my money” as in, i can’t simply take it and walk away? yes.

“isn’t my money” as in, i can’t help to decide how to spend it? no.

it’s not my money…but it is my decision, along with other officers/board members/etc. so in that respect, it is my money. i can’t keep it, but i can spend it for the good of the company if we agree as a group of company officers.