Maine Sample Joint Venture Agreement - Limited Liability Company LLC Form
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How to fill out Sample Joint Venture Agreement - Limited Liability Company LLC Form?
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FAQ
Yes. Unlike most states?in which an operating agreement is encouraged but not required?Maine's statutes clearly state that ?a limited liability company agreement must be entered into or otherwise existing? before an LLC can be formed. (A ?company agreement? is the same thing as an operating agreement.)
You must assign a Registered Agent when you first register and formally form your Maine business with the SOS, Bureau of Corporations, Elections, and Commissions. You can change your agent afterward by filing the correct form. If you form your business through Incfile, we'll file all the necessary forms on your behalf.
Maine's state fee to start an LLC is $175. Every year you own your Maine LLC, you'll also have to pay $85 to file an annual report.
Limited Liability Companies (Title 31, chapter 21) MLLC-1Application for Reservation of NameMLLC-6Certificate of Formation Small Business Resources Commercial Clerk and Commercial Registered Agent (CRA) SearchMLLC-6A (D)Restated Certificate of FormationMLLC-9 (D)Certificate of AmendmentMLLC-10Statement of Merger27 more rows
Common pitfalls of a poorly drafted Operating Agreement include failing to: (i) specify what authority managers or members have; (ii) carve out key decisions that require a higher approval threshold (e.g., dissolution, sale of all or substantially all of the assets of the LLC, etc.); (iii) address how deadlocks in the ...
Although LLCs in Maine are not required to have a limited liability company operating agreement, it is wise to have one in place with other members should your LLC have more than one member. The State of Maine recognizes limited liability company operating agreements as governing documents.
Joint operations, which give parties that have joint control of the arrangement the direct rights to the assets and obligations for the liabilities. Joint ventures, which give the parties that have joint control of the arrangement the rights to the net assets of the arrangement.
