District of Columbia Memorandum of Operating Agreement and Financing Statement

State:
Multi-State
Control #:
US-OG-770
Format:
Word; 
Rich Text
Instant download

Description

This is a form of a memorandum used to evidence the existance of an operating agreement and financing statement between Parties to a Contract Area.
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FAQ

In Washington DC, if you're incorporating your company, forming an LLC, registering an out-of-state entity, or complying with licensing requirements, you are required to have a Washington DC registered agent.

An operating agreement is a document that outlines the way your LLC will conduct business. District of Columbia doesn't require an operating agreement but it is an essential component of your business.

Security interest filings in Washington, DC are filed with the Recorder of Deeds (ROD). If you have a UCC against real property, better known as a ?fixture filing?, this would be filed in the land records of the ROD, while vast majority are found in the ?chattel? records (yes, DC still uses the word chattel).

Mail filings: In total, mail filing approvals for District of Columbia LLCs take 4-6 weeks. This accounts for the 2-4 week processing time, plus the time your documents are in the mail. Online filings: In total, online filing approvals for District of Columbia LLCs take 5 business days.

Starting an LLC in DC will include the following steps: #1: Name Your DC LLC. #2: Designate a Registered Agent in DC. #3: File Articles of Organization. #4: Create an Operating Agreement. #5: Register With the IRS and DC Tax and Revenue Office. #6: Obtain Other Necessary Licenses.

How much does it cost to form an LLC in the District of Columbia? The District of Columbia Corporations Division charges a $220 fee to file the Articles of Organization. It will cost $50 to file a name reservation application, if you wish to reserve your LLC name prior to filing the Articles of Organization.

Start an LLC in Washington DC. To start an LLC in DC, you'll need to choose a DC registered agent, file business formation paperwork with the DC Department of Licensing and Consumer Protection (DLCP), and pay a $99 state filing fee.

Washington DC LLC Formation Filing Fee: $99 Mailed-in and online filings are processed within 15 business days, starting from when your paperwork is received. Expedited state processing is available for $50 (three days) or $100 (same-day).

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District of Columbia Memorandum of Operating Agreement and Financing Statement