Cohousing-L Mailing List: LLC, LLP, LP, LLLP

[CLAIRE KEGERISE (ckegerise]

Newark Area Cohousing Organization (NACO) is a forming group in the Newark, DE 
area. We are in the process of setting up our entity. For those who have 
incorporated in Delaware (even if you aren't located in-state), did you choose 
LLC, LLP, LP, or LLLP? I'm not sure all states have the same criteria for these 
entity designations. I recognize the need to have a multi-member entity, I just 
don't know which is best/simplest. Is EVERYONE a member of the company, or just 
a core group? If so, do you have to file a form every time you add someone? I'm 
going to call the DE Division of Corporations for info, but want to also know 
how others handled this.
Thanks,
Claire Kegerise
NACO
ckegerise [at] comcast.net