As I was calling a Doctor today, I noticed on his business card the acronym P.L.L.C., which stands for Profession Limited Liability Company. Thought I would look into just a bit to increase my library of useless facts (well, perhaps it’s not purely without use). Wikipedia says:
A Professional Limited Liability Company (PLLC or P.L.L.C.) is a limited liability company organized for the purpose of providing professional services. Usually, professions where the state requires a license to provide services, such as a doctor, chiropractor, lawyer, accountant, architect, or engineer, require the formation of a PLLC. Exact requirements of PLLCs vary from state to state. Typically, a PLLC’s members must all be professionals practicing the same profession. In addition, the limitation of personal liability of members does not extend to professional malpractice claims.
So those an interesting tid bit of information for you. Have a great day everyone!
Sources: AcronymFinder, Wikipedia