Iowa Operating Agreement between NBC Internet, Inc. and Telocity, Inc.
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How to fill out Operating Agreement Between NBC Internet, Inc. And Telocity, Inc.?
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FAQ
Iowa LLC Cost. To form an LLC in Iowa, you'll start out by paying $50 to register your business with the Secretary of State. After that, you'll need to pay $30-45 dollars every two years to file your LLC's biennial report.
While some states demand annual certifications, Iowa LLCs are expected to submit a report to the Secretary of State every couple of years. The fee is $60, unless you file online using the Fast Track Filing system, which costs $45. The forms are to be submitted between January 1 and April 1 of each odd-numbered year.
If you are the lone owner of an LLC (Single Member LLC), you need create an operating agreement to give your company credibility. This ensures that the Limited Liability status of your LLC is upheld by the courts.
To domesticate, you'll need to get approval by all LLC members for a plan of domestication, prove your LLC's good standing in its previous home state, file Articles of Domestication, and file a Certificate of Organization as an Iowa LLC.
The state of Oregon does not require an LLC to have an operating agreement. Nonetheless, it is highly advisable that an LLC create this document because it can protect its members from being held personally liable if it is sued.
Iowa state law doesn't require you to have a written operating agreement. Iowa statute § 489.110 lists common provisions an operating agreement can include, but the law doesn't state that you must have one. Even so, a customized operating agreement is extremely useful.