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Limited Liability Company

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1 Operating Agreement

An operating agreement must be entered into by the members of a Limited Liability Company either before or after filing the Articles of Organization to make the formation of the LLC valid.

The Operating Agreement governs the LLC's business as well as the member's financial and managerial rights. Use this document to draft your Limited Liability Company's Operating Agreement.

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2 Articles of Organization

In order to form a Limited Liability Company (LLC), Articles of Organization are required. The existence of the LCC begins upon the filing of the Articles of Organization by the Secretary of State.

The person or persons who execute the articles need not be members of the LLC, but such person will be called the "organizer" during the filing process. The articles include the designation of an Agent for Service of Process and a statement indicating whether the LLC will be managed by one manager or more than one manager or the members of the LLC. The articles may include a date on which the company is to dissolve.

Use this document to prepare the Articles of Organization for your Limited Liability Company.

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