Kentucky LLC Agreement - Open Source
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How to fill out LLC Agreement - Open Source?
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FAQ
Yes, Delaware's LLC law requires all Delaware LLCs to have an Operating Agreement in some form. The law states that an LLC Operating Agreement can be ?written, oral, or implied? between the members. However, having a written LLC Operating Agreement is the only way to make the agreement enforceable.
To start an LLC in Kentucky, you'll need to choose a Kentucky registered agent, file business formation paperwork with the Kentucky Division of Business Filings, and pay a $40 state filing fee.
You certainly can. While there are risks of being your own Registered Agent in Kentucky, they don't come up very often. And you can save money by being your own Kentucky Registered Agent. Having said that, hiring a professional Registered Agent Service can provide additional benefits, such as address privacy.
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). An operating agreement is recommended but not required.
The registered office of the business entity must be in Kentucky and maintain a street address (a PO Box is insufficient for the registered office address).
Per KY Rev State § 275.003, Kentucky LLCs are not required to have an operating agreement. However, drafting a comprehensive operating agreement is crucial for many aspects of your business.
Florida doesn't require limited liability companies (LLCs) formed in the state to have an operating agreement, but if you're forming your LLC in the Sunshine State, it's still a good idea to have one even if it's not legally required.
Although most states do not require the creation of an operating agreement, it is nonetheless regarded as a critical document that should be included when forming a limited liability company. Once each member (owner) signs the document, it becomes a legally binding set of regulations that must be followed.