Assertion: check box election | /r/HasProperty | filed
Facets:
Source sentences:
text: For instance, if a U.S. L.L.C. is created with two owners and no check-the-box election is filed, the entity will default to be treated as a partnership.
text: If the U.S. L.L.C. only has one owner and no check-the-box election is filed, it will default to be treated as a disregarded entity.