Kentucky Limited Liability Company Without Operating Agreement

State:
Kentucky
Control #:
KY-2222LLC
Format:
Word; 
Rich Text
Instant download

Description

This LLC Notices, Resolutions and other Operations Forms Package contains over 15 forms for use in connection with the operation of a LLC, including the following: (1) Notice of Meeting for General Purpose, (2) Resolution of Meeting for General Purpose, (3) Notice of Meeting to Amend Articles of Organization, (4) Resolution to Amend Articles of Organization, (5) Notice of Meeting to Consider Dissolution, (6) Resolution Regarding Dissolution, (7) Notice to Admit New Members, (8) Resolution Concerning Admitting New Members, (9) Notice of Meeting Concerning Accepting Resignation of Manager, (10) Resolution Accepting Resignation of Manager, (11) Notice of Meeting to Remove Manager, (12) Resolution Concerning Removal of Manager, (13) Notice of Meeting to Consider Disbursements to Members, (14) Resolution Concerning Disbursements, (15) Assignment of Member Interest, (16) Demand for Indemnity by Member/Manager and (17) Application for Tax Identification Number.

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  • Preview LLC Notices, Resolutions and other Operations Forms Package
  • Preview LLC Notices, Resolutions and other Operations Forms Package
  • Preview LLC Notices, Resolutions and other Operations Forms Package
  • Preview LLC Notices, Resolutions and other Operations Forms Package
  • Preview LLC Notices, Resolutions and other Operations Forms Package
  • Preview LLC Notices, Resolutions and other Operations Forms Package
  • Preview LLC Notices, Resolutions and other Operations Forms Package
  • Preview LLC Notices, Resolutions and other Operations Forms Package
  • Preview LLC Notices, Resolutions and other Operations Forms Package
  • Preview LLC Notices, Resolutions and other Operations Forms Package
  • Preview LLC Notices, Resolutions and other Operations Forms Package

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FAQ

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.

An LLC operating agreement is a document that customizes the terms of a limited liability company according to the specific needs of its members. It also outlines the financial and functional decision-making in a structured manner. It is similar to articles of incorporation that govern the operations of a corporation.

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.

An LLC operating agreement is not required in Kentucky, but is highly advisable. This is an internal document that establishes how your LLC will be run. It sets out the rights and responsibilities of the members and managers, including how the LLC will be managed.

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Kentucky Limited Liability Company Without Operating Agreement