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The Operating Agreement is a legally binding document upon the LLC Members because of the Members' signatures. It doesn't need a government stamp of approval.
Limited Liability Company (LLC) In addition to filing the applicable documents with the Secretary of State, an operating agreement among the members as to the affairs of the LLC and the conduct of its business is required.
The Pennsylvania LLC filing fee is $125 fee, plus $3 per page if you file paper copies. You only need to file your Certificate of Organization once. You'll also need to file what is considered an annual report in most states.
There is no Maryland state law requiring an LLC to have an operating agreement. However, if you don't have one, your LLC will be governed by Maryland's default LLC statutes, and you may run into difficulty if you need to prove your ownership of the LLC or if you face a lawsuit.
In order to operate, LLCs require real humans (and other entities) to carry out company operations. Though it's not required by Pennsylvania law, any good lawyer will recommend having a written operating agreement for your LLC.
A Pennsylvania single-member LLC operating agreement is considered a legal document that would be used by entities who have a sole owner, who would like to set forth the policies and standard operating procedures needed to establish the business as well as the needed separation between the sole proprietor and the ...
Contents Name your Pennsylvania LLC. Choose your registered office (a/k/a registered agent) Prepare and file Certificate of Organization. Get an Employer Identification Number. File a New Entity Docketing Statement with Certificate of Organization. Receive a certificate from the state. Create an operating agreement.
The only fee to register an LLC in Pennsylvania is $125 at initial registration. Then, every 10 years your business will be required to submit a decennial report with a registration fee of $70. If you are not yet ready to file your LLC, Pennsylvania offers a name reservation option.