Kentucky Articles of Association of a Professional Association

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Multi-State
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US-02825BG
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Description

Statutes have been enacted in various jurisdictions setting forth requirements as to the form and manner of execution of the constitution or articles of association, and the bylaws, of an association or club. If the drafter does not comply with such formalities, the documents may not be accepted for filing by the designated public officer, and the existence of the association or club as a legal entity will not be recognized. In some jurisdictions, the constitution or articles of association, and the bylaws, must be executed properly. Execution generally implies the signing of the instruments by the proper officers or other parties, in conformity to the requirements of the governing statute.

Statutes in some jurisdictions require that the constitution or articles of association, and the bylaws, be acknowledged or verified. In some jurisdictions, it is required by statute that the constitution or articles of association be recorded, particularly where the association or club owns real property or any interest in real property.
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FAQ

Frequently Asked Questions: Kentucky LLC Formation What are the requirements to form an LLC in Kentucky? You must file articles of organization, appoint a registered agent, and pay a filing fee of $40 (or $60 for expedited service).

Apply for federal tax-exempt status You may apply for federal 501(c)(3) status for your Kentucky nonprofit LLC the way most tax-exempt organizations do: by submitting Form 1023.

Delaware does NOT require an operating agreement. However, it is highly recommended to have a LLC operating agreement even if you are only a single member LLC. The state of Delaware recognizes operating agreements and governing documents.

Kentucky LLC Cost. To start an LLC in Kentucky, the state fee is $40 to file your LLC Articles of Organization online or in-person. Along with the fee you'll pay to the Secretary of State, you'll also have to pay $15 every year when you file your annual report.

Why Create a Kentucky LLC? A central location, strong shipping lanes and major infrastructure make forming an LLC in Kentucky an easy choice. The state's pro-business climate also provides a number of business incentives, tax credits and other financial benefits.

Kentucky Revised Statutes § 275.003: In Kentucky, an Operating Agreement is not a legal requirement to form an LLC. However, having one provides clarity to member responsibilities, business operations, and mitigates potential business disputes.

To amend your Kentucky LLC Articles of Organization you submit form Articles of Amendment to the Kentucky Secretary of State (SOS). The form is available in your online account once you sign up with Northwest. You can also find the amendment form on the SOS website.

Ing to KRS 141.010(25), ?doing business? in Kentucky includes but is not limited to: Being organized under the laws of Kentucky. Having a commercial domicile in Kentucky. Owning or leasing property in Kentucky.

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Kentucky Articles of Association of a Professional Association