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Form #736Articles of Organization
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ARTICLES OF ORGANIZATION
OF
______________________, LLC
The
undersigned hereby submit these Articles of Organization for the purpose of
forming a limited liability company under the laws of the State of
________________.
1. The
name of the limited liability company is _______________________, LLC.
2. The
latest date on which the limited liability company is to dissolve is _________.
3. The
names and addresses of each organizer executing these Articles of Organization
are:
_____________________________________________
Name and
Address
_____________________________________________
Name and
Address
_____________________________________________
Name and
Address
4. The
street address of the initial registered office of the limited liability
company in the State of ________________________is ________________________________,
and the name of its initial registered agent at such address is
_____________________.
5. All of
the members, by virtue of their status as members, shall be managers of this
limited liability company.
6. Except
as provided in ____________________________________ (State Statute) the
members of this limited liability company shall not be managers by virtue of
their status as members.
7. No
person who is serving or who has served as a manager of the limited liability
company shall be personally liable to the limited liability company or any of
its members for monetary damages for breach of duty as a manager, except for
liability with respect to (i) acts or omissions that the manager at the time of
such breach knew were clearly in conflict with best interests of the limited
liability company, (ii) any transaction from which the manager derived an
improper personal benefit, or (iii) acts or omissions with respect to which the
___________________ (State) Limited Liability Company Act does not
permit the limitation of liability. As used herein, the term "improper
personal benefit" does not include a manager's reasonable compensation or
other reasonable incidental benefit for or on account of his service as a
manager, employee, independent contractor, attorney or consultant of the
limited liability company. No amendment or repeal of this article, nor the
adoption of any provision to these Articles of Organization inconsistent with
this article, shall eliminate or reduce the protection granted herein with
respect to any matter that occurred prior to such amendment, repeal or
adoption.
8. These
articles will become effective upon filing with the___________________ (State)
Department of the Secretary of State.
This the
________ day of _____________ (month), ______ (year).
________________________________________
Organizer
________________________________________
Organizer
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a licensed attorney review any legal documents for which you are searching in order
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Your use of this site constitutes your acceptance of our terms of use and your agreement
to hold this site, its officers, employees and any contributors to this site harmless
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site. If you do not agree to the above terms, please do not proceed.
These forms are provided to assist business owners and others in understanding important
points to consider in different transactions. They are offered with the understanding
that no legal advice, accounting, or other professional service is being offered
by these documents or on this website. Laws vary in the different states. Agreements
acceptable in one state may not be enforced the same way under the laws of another
state. Also, agreements should relate specifically to the particular facts of each
situation. Therefore, it is important to consult legal counsel whenever utilizing
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is not engaged in recommending or referring members on the site or making claims
about the competence, character or qualifications of its participating members.
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