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Get Li-231 2017-2026

Professional Corporation (PC)/ Professional Limited Liability Company (LLC) (LI231) Instructions and Application SUBMIT APPLICATION FORM (PAGE 2) THROUGH THE ARE ONLINE LICENSING SYSTEM AT https://ptl.az.gov/app/dre/.

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How to fill out the LI-231 online

This guide aims to provide clear and comprehensive instructions for completing the LI-231 form online, ensuring that users can navigate the process with ease. Whether you are applying for a new Professional Corporation (PC) or Professional Limited Liability Company (PLLC) license, or making changes to an existing one, these steps will assist you in efficiently filling out the form.

Follow the steps to successfully complete the LI-231 form online.

  1. Click ‘Get Form’ button to obtain the LI-231 form and open it in your preferred editor.
  2. Fill out the 'Salesperson/Broker Applicant' section, providing your legal name, license number, expiration date, email, phone, and fax number. Ensure all information is accurate.
  3. Enter the employing broker company name and their license number in the designated fields.
  4. Print the name of the PC or PLLC exactly as it appears on the Articles of Incorporation or Articles of Organization.
  5. Check all applicable boxes to indicate whether you are submitting an original PC application, original PLLC application, or if there are any changes to report.
  6. Attach the required documents, including a stamped copy of the Articles of Incorporation or Articles of Organization, along with any amendments, and the operating agreement if applicable.
  7. Complete the 'Applicant Attestation' section by affirming all statements, ensuring the PC or PLLC name is compliant, and acknowledging the requirements regarding membership and compensation.
  8. Sign and date the application as the applicant and have the Designated Broker sign if they are not the applicant.
  9. Once all sections are completed and documents are attached, save your changes and proceed to submit the application online.

Complete your LI-231 application online now to ensure a smooth licensing process.

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Single member LLCs may elect to be grouped as an S corporation, C Corporation, or a sole proprietorship. Multi-member LLCs can elect to be taxed as an S corporation, a partnership, or a C corporation.

A professional corporation may be a general partner of a partnership, a trustee of a trust, a co-venturer of a joint venture or a manager of a limited liability company or any other entity, only if the partnership, trust, joint venture, limited liability company or other entity is engaged solely in rendering ...

In Arizona, realtors are the only professionals that are required to form PLLCs rather than standard LLCs, and even then, they can still form regular LLCs if they don't mind having their commissions paid directly (only PLLCs allow Arizona realtors to have their brokers pay commission to separate entities).

A PLLC is an LLC organized under Chapter 4 of Title 29 of the Arizona Revised Statutes for the purpose of providing one or more categories of service that may be lawfully rendered only by a person licensed, or otherwise authorized by a licensing authority in Arizona to render the service.

Professional Limited Liability Company A PLLC is a kind of LLC specifically for licensed professionals. The difference between an LLC and a PLLC is mainly that only licensed professionals such as architects, doctors, lawyers and accountants can form PLLCs.

How do I form a PC/PLLC? A PLLC is formed using forms available from the Arizona Corporation Commission (ACC) at .azcc.gov. To apply for a PC/PLLC complete the Professional Corporation (PC) or a Professional Limited Liability Corporation (PLLC) License Instructions and Application form (LI-231).

Professional limited liability companies The difference between the two is that the PLLC has some restrictions on who may be a member of the PLLC and the limitation of liability of the members. With an LLC, anyone can be a member, or owner, of the business.

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© Copyright 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Your Privacy Choices
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
altaFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232