This form is a Quitclaim Deed where the Grantor is a limited liability company and the Grantee is a limited liability company. Grantor conveys and quitclaims the described property to Grantee. This deed complies with all state statutory laws.
Llc Limited Liability Company Without Operating Agreement
Category:
State:
Arizona
Control #:
AZ-075-77
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Arizona Quitclaim Deed From A Limited Liability Company To A Limited Liability Company.?
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FAQ
It can secure your liability protection. This is crucial to understand, as it's the primary main reason that your single-member LLC needs an operating agreement. Even if an operating agreement isn't required in your state, running your company without an operating agreement could jeopardize your LLC status.
An operating agreement is a key business document that shows your business operates like a legit company. Without the operating agreement, your state might not acknowledge you as an LLC, and which means someone could sue to go after you without there being any shield to protect your personal assets.
Get together with your co-owners and a lawyer, if you think you should (it's never a bad idea), and figure out what you want to cover in your agreement. Then, to create an LLC operating agreement yourself, all you need to do is answer a few simple questions and make sure everyone signs it to make it legal.