Fundamentals of LLC and Corporation Formation, Operating Agreements, and Dissolution


CLE credits earned: 2 General Credits (WA 2 Law and Legal)

The program will cover the fundamentals of LLC and corporation formation, operation, and dissolution. Attendees will gain an understanding of the difference between LLCs and corporations, the basics of federal income taxation of LLCs and corporations, and the importance of having well-drafted operating agreements and shareholder agreements.

This course is co-sponsored with myLawCLE.

Key topics to be discussed:

•   Nature of corporations and LLCs.
•   Fundamentals of formation, operation, and dissolution.
•   Basics of federal income taxation.
•   Importance of operating agreements and shareholder agreements.

Date / Time: September 29, 2021

•   2:00 pm – 4:10 pm Eastern
•   1:00 pm – 3:10 pm Central
•   12:00 pm – 2:10 pm Mountain
•   11:00 am – 1:10 pm Pacific

Choose a format:

•   Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.

•   On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 5 business days after the original recording date and are viewable for up to one year.
Closed-captioning available

Select your state to see if this class is approved for CLE credit.

Choose the format you want.


Original Broadcast Date: April 21, 2021

Barry Gartenberg_myLawCLEBarry Gartenberg

Barry Gartenberg is a solo practitioner in Springfield, New Jersey. His practice concentrates on offering legal advice and representation in a diversified range of business law matters, including entity formation; governance; partnership, operating and shareholder agreements; business sales, acquisitions, and reorganizations; commercial real estate transactions; employment relationships; and business dissolutions. Prior to practicing law, Barry owned and managed a substantial family business, and he holds an MBA in finance and a BS in Business Management. Barry is a director of the Business Law Section of the New Jersey State Bar Association, the Chair of the Business Entity Committee of the Business Law Section of the New Jersey State Bar Association, and an officer of the Morris/Essex County Inn of the Transactional Counsel. In addition to being a continuing legal education presenter, Barry is an adjunct professor and has taught well over one hundred undergraduate, graduate, and post-graduate business law courses and programs.

Accreditation Policy

myLawCLE seeks accreditation for all programs in all states except, ME, VA, and WV. Each attending attorney/paralegal will receive a certificate of completion following the close of the CLE program as proof of attendance. In required states, myLawCLE records attorney/paralegals attendance, in all other states attorney/paralegal is provided with the approved CLE certificate to submit to their state bar or governing association.

    Automatic MCLE Approvals

All myLawCLE CLE programs are accredited automatically either directly or via reciprocity in the following states: AK, AR, CA, CT, FL, HI, ME, MO, MT, ND, NM, NJ, NY and VT. (AZ does not approve CLE programs, but accepts our certificates for CLE credit.)

    Live Video Broadcasts

Live video broadcasts are new live CLE programs being streamed and recorded for the first time. All of these programs qualify for “Live” CLE credit in all states except NV, OH, MS, IN, UT, PA, GA, and LA —these states require in-person attendance to qualify for “Live” CLE credit.

    “Live” Re-Broadcasts

“Live” Re-broadcasts are replays of previously recorded CLE programs, set on a specific date and time and where the original presenting speakers calls in live at the end of the event to answer questions. This “live” element allows for “live” Re-broadcast CLEs to qualify for “Live” CLE credits in most states. [The following states DO NOT allow for “live” CLE credits on re-broadcast CLEs: NV, OH, MS, IN, UT, PA, GA, and LA]


Many states allow for credit to be granted on a 1:1 reciprocal basis for courses approved in another mandatory CLE jurisdiction state. This is known as a reciprocity provision and includes the following states: AK, AR, HI, CT, FL, ME, MO, MT, ND, NM, NJ, and NY. myLawCLE does not seek direct accreditation of live webinars or teleconferences in these states.

I. Nature of corporations and LLCs | 2:00- 2:30
II. Fundamentals of formation, operation, and dissolution | 2:30 -3:00

III. Break 3:00- 3:10

IV. Basics of federal income taxation | 3:10- 3:30
V. Importance of operating agreements and shareholder agreements | 3:30 -4:10