Georgia Ratification of Memorandum of Operating Agreement and Financing Statement - Form 1
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How to fill out Ratification Of Memorandum Of Operating Agreement And Financing Statement - Form 1?
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FAQ
The state of Georgia does not require LLCs to have Operating Agreements. However, you will need one if you want to make it easy for you and your co-members to do business together.
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.
