Section 404(d) of the Uniform Limited Liability Company Act provides:
Action requiring the consent of members or managers under this Act may be taken without a meeting.
Georgia Unanimous Consent to Action By the Members of a Limited Liability Company, in Lieu of a Meeting, Ratifying Past Actions of Managing Member and/or Members
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FAQ
(a) A limited liability company may elect to become a foreign limited liability company, a foreign limited partnership, or a foreign corporation, if such a conversion is permitted by the law of the state or jurisdiction under whose law the resulting entity would be formed.
No, your Operating Agreement doesn't need to be notarized. Each Member just needs to sign it. Once you (and the other LLC Members, if applicable) sign the Operating Agreement, then it becomes a legal document.
Action required or permitted by this chapter to be taken by members or managers may be taken without a meeting if the action is taken by all the members or managers entitled to vote on the action or, if so provided in the articles of organization or a written operating agreement, by persons who would be entitled to ...
A limited liability company (LLC) is a business structure that offers limited personal liability on the part of the owner. An LLC also offers the possibility of certain tax benefits. A specialized attorney may be able to help you determine if an LLC is appropriate for your business.
Georgia state law doesn't require you to have an operating agreement. However, Georgia state policy gives ?maximum effect? to freedom of contract, so a strong operating agreement can give you a lot of power to better control your LLC in this state.
A Georgia LLC Operating Agreement is a legal document that outlines how a Georgia LLC will be run. Georgia LLC Operating Agreements list all LLC owners (known as ?Members?), their contribution amounts, and their ownership interest percentages.
Under the default rules, every member of the LLC is an agent of the LLC and can conduct business on behalf of the LLC. In other words, each member has the authority to bind the LLC in ordinary business transactions, whether or not the member has the consent of the other members. See OCGA §14-11-301.
A Georgia single-member LLC operating agreement is a legal document that is designated for use by a sole proprietor so that they may establish company ownership along with any specific procedures and policies. The state of Georgia does not require that any business residing within the state, implement this document.