Several questions for the buisness savvy.

1) It was shared that an LLC will automatically disolve if annual business taxes are not paid.

2) It was also shared that an LLC is not transferrable. That is, the owner can NOT sell the property to another person. Example, a gentleman wants to sell his LLC (with properties under the LLC) to me. However Federal law prevents such transfers.

Is this correct?


..."Oh that you would bless me and enlarge my border, and that your hand might be with me, and that you would keep me from hurt and harm"
1 Chronicles 4.10

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