New Mexico Llc Operating Agreement Form For Corporation
Description
How to fill out New Mexico Limited Liability Company LLC Operating Agreement?
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FAQ
While most states don't require LLCs to have operating agreements, it's always a good idea to create one to ensure your business is well administered and protected from risk.
A limited liability company (LLC) offers liability protection and tax advantages, among other benefits for small businesses. LLC formation in New Mexico is easy.
The total New Mexico LLC formation costs (the cost to create the LLC by filing the Articles of Organization) is $50. This LLC cost is the same for all New Mexico LLCs.
New Mexico statutes state that every corporation and LLC must maintain a registered agent, whether you formed your company in New Mexico or you're a foreign entity operating here.
What Should be Included in an Operating Agreement? Names, addresses, and titles of each member. Ownership percentages. Member rights and responsibilities. Responsibility, liability, and powers of members and/or managers. Profit and loss distribution. Buying and selling rules. Dissolution instructions. Meeting guidelines.