Internal Revenue Code Section 7701: Federal regulations governing entity classification ('check-the-box' regulations) that allow LLCs to elect their tax treatment as a C Corporation
IRC Subchapter C: Corporate tax provisions that will apply to the LLC once it elects to be taxed as a C Corporation, including corporate tax rates, dividend treatment, and other corporate tax matters
Form 8832 Requirements: IRS form and requirements for Entity Classification Election that must be filed to elect C Corporation tax treatment
Securities Act of 1933: Federal law governing the issuance of securities, which may apply if LLC membership interests are considered securities
Securities Exchange Act of 1934: Federal law governing the trading of securities and ongoing reporting requirements, relevant if LLC interests are considered securities
State LLC Act: State-specific laws governing LLC formation, management structure, fiduciary duties, member rights and obligations, and dissolution procedures
State Corporate Laws: State-specific corporate law principles that may be relevant due to C Corporation tax election, including corporate governance provisions
State Securities Laws: State-specific 'blue sky' laws regulating securities offerings and trading within the state
Employment Laws: Federal and state employment regulations that apply if the LLC has employees
Industry-Specific Regulations: Regulations specific to the LLC's business sector that must be considered in the operating agreement
State Tax Laws: State-specific tax treatment of LLCs and corporate tax provisions that will affect the entity's state tax obligations
