Arkansas Limited Liability Company Form Of Organization Quizlet
Description
How to fill out Arkansas LLC Notices, Resolutions And Other Operations Forms Package?
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FAQ
An LLC is formed by filing articles of organization with the secretary of state. LLC statutes generally provide that the members can adopt an operating agreement with provisions different from the LLC statute. Generally, the operating agreement will control.
An LLC may be managed by its members (owners) or by selected managers. If the LLC is to be managed by its members, it operates much like a partnership. Each member has an equal say in the company decision-making process.
Formation of an LLC requires the filing of: Articles of Organization. Formation of an LLC occurs with the filing of Articles of Organization with the state.
To form an LLC, articles of organization, along with an initial report, must be filed with the secretary of state.
To form an LLC, articles of organization must be filed with a central state agency - usually the secretary of states office. Typically, the articles must include the name of the business, it's principal address, the name of the address of a registered agent, the members names, and how the LLC will be managed.