Alabama Restated Limited Liability Company Agreement of LLC

State:
Multi-State
Control #:
US-ENTREP-0048-1
Format:
Word; 
Rich Text
Instant download

Description

The term "amended and restated" is used in corporate law torefer to an agreement or other document that has been amended one or more times in the past and is presented in its entirety (restated)including all amendments to date.
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  • Preview Restated Limited Liability Company Agreement of LLC
  • Preview Restated Limited Liability Company Agreement of LLC
  • Preview Restated Limited Liability Company Agreement of LLC
  • Preview Restated Limited Liability Company Agreement of LLC
  • Preview Restated Limited Liability Company Agreement of LLC
  • Preview Restated Limited Liability Company Agreement of LLC
  • Preview Restated Limited Liability Company Agreement of LLC
  • Preview Restated Limited Liability Company Agreement of LLC
  • Preview Restated Limited Liability Company Agreement of LLC
  • Preview Restated Limited Liability Company Agreement of LLC
  • Preview Restated Limited Liability Company Agreement of LLC

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FAQ

Florida doesn't require limited liability companies (LLCs) formed in the state to have an operating agreement, but if you're forming your LLC in the Sunshine State, it's still a good idea to have one even if it's not legally required.

Your entity name must contain the words Limited Liability Company or the abbreviation L.L.C. or LLC. You must obtain a Certificate of Name Reservation [10A-1-4.02(f)] prior to filing your formation documents. File the original and one copy of the Certificate of Formation with the Secretary of State.

To remove a member from your LLC, a withdrawal notice, a unanimous vote, or a procedure depicted in the articles of organization may entail. The member in question of removal may need to get compensated for his share of membership interests.

LLC ? A limited liability company (LLC) cannot reinstate since there is no administrative dissolution in Alabama. If your LLC wishes to do business again after voluntary dissolution, you will have to go through the formation process. Doing this will cost at least $100.

Provide an original and two copies of Domestic Business Corporation Amendment to Formation/Articles form, to the Judge of Probate in the county where the original Certificate of Formation is filed, by mail or in person, with both the filing fee and recording fee.

PURPOSE: In order to amend a Limited Liability Company's (LLC) Certificate of Formation under Section 10A-5A-2.02 of the Code of Alabama 1975, this Certificate of Amendment and the appropriate filing fees must be filed with the Office of the Secretary of State.

How much does an LLC in Alabama cost per year? All Alabama LLCs need to pay $50 per year for the Annual Report and Alabama Business Privilege Tax. These state fees are paid to the Department of Revenue. And this is the only state-required annual fee.

There is no State requirement in Alabama to have an operating agreement, however, it is still highly recommended to have one in order to state the purpose of the business as well as the ownership interest of the members (if a multi-member LLC).

No, it's not legally required in Alabama under § 10A-5A-1.08. Single-member LLCs need an operating agreement to preserve their corporate veil and to prove ownership. And multi-member LLCs need one to help provide operating guidance, determine voting rights and contributions.

Yes, you can file the Certificate of Amendment by mail to change your Alabama LLC name. Download and complete the Certificate of Amendment form and mail to the Secretary of State. Remember, along with your Certificate of Amendment, you'll also need to mail in your approved LLC Name Reservation.

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Alabama Restated Limited Liability Company Agreement of LLC