Louisiana Limited Liability Company With Multiple Members
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FAQ
Divide ownership of the LLC by calculating total cash investment by the members. Give each member an ownership stake equal to his cash investment. Four members contributing $25,000 apiece would each receive a 25 percent stake in the company.
To transfer ownership of a Louisiana LLC to an existing partner or member, you must file an Amendment of the Articles of Incorporation with the Louisiana Secretary of State. The existing partner or member must also provide the necessary information to the Secretary of State.
You may add or delete a manager/member or officer/director by filing either the Notice of Change of Member/Manager form or the Notice of Change of Officer/Director form. If your annual report filing is due or past due, you may make these changes on your annual report filing. These documents can also be filed online.
Owners of an LLC are called members. Most states do not restrict ownership, so members may include individuals, corporations, other LLCs and foreign entities. There is no maximum number of members. Most states also permit ?single-member? LLCs, those having only one owner.
member LLC, also known as a MMLLC, is a limited liability company (LLC) with more than one member. Limited liability companies are one of the most popular business structures in the United States.