Identify a true statement about a limited liability company $($LLC$).$

A A limited liability company $($LLC$)$ offers the limited personal liability associated with a corporation.

A limited liability company $($LLC$)$ has a maximum of $100$ stockholders $($owners$).$

A limited liability company $($LLC$)$ is taxed as a partnership, which means the stockholders are subject to double taxation.

A limited liability company $($LLC$)$ has only one type of stock $($membership interest$).$