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Minnesota Articles of Organization For Limited Liability Company

State:
Minnesota
Control #:
MN-SKU-0398
Format:
PDF
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Description

Articles of Organization For Limited Liability Company

Minnesota Articles of Organization For Limited Liability Company are documents used to create a Limited Liability Company (LLC) in the state of Minnesota. The LLC must be registered with the Minnesota Secretary of State before it can conduct business. The Articles of Organization must include the name of the company, the purpose of the company, the address of the company's registered office, the name and address of the registered agent, the name and address of each member, the management structure of the company, and the signature of at least one member. There are two types of Minnesota Articles of Organization For Limited Liability Company: Standard Articles of Organization and Foreign (Out-of-State) Articles of Organization.

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FAQ

How to File Your Wisconsin Articles of Organization Select Your LLC's Official Name. Provide the Name and Address of Your Registered Agent and Registered Office. Decide Who Will Manage the LLC. Provide the Names and Addresses of Your Organizers. List the LLC Articles of Organization Drafter. Choose a Filing Date.

Though most states do not require you to be specific about your LLC's purpose, and a statement such as "This LLC exists to provide any and all legal business functions in the state" is fine, if you are forming a professional limited liability company, you must detail what exactly the business will do.

A limited liability company (LLC) is a business structure in the U.S. that protects its owners from personal responsibility for its debts or liabilities. Limited liability companies are hybrid entities that combine the characteristics of a corporation with those of a partnership or sole proprietorship.

The difference between LLP and LLC is an LLC is a limited liability company and an LLP is a limited liability partnership. ing to the government, specifically the IRS, an LLC is a business organization that is formed lawfully under the state by filing articles of organization.

One or more persons may act as organizers to form a limited liability company by signing and filing with the secretary of state articles of organization.

Characteristics of limited liability company include separate legal existence, limited liability, flexibility in taxation, and simplicity in operation.

What are articles of organization for an LLC? Articles of organization, sometimes known as a certificate of organization or certificate of formation, is an official document that outlines basic details about your company. You must file this document with your state in order to officially establish a business as an LLC.

A Minnesota LLC isn't legally obligated to have an operating agreement. Minnesota Statute § 322C. 0110 outlines what an operating agreement may cover but doesn't state that LLCs must have one.

More info

To start an LLC, you'll need to create articles of organization. Articles of organization are part of a formal legal document used to establish a limited liability company (LLC) at the state level.To establish an LLC, you must file a document called "Articles of Organization" with the state agency responsible for business filings. No gimmicks—just a useful form and helpful information. In order to form a limited liability company (LLC), you must file articles of organization with the state and pay a filing fee. Complete and include this form with your paper submission. Important – Please Read. This form creates a Florida Limited Liability Company OR corrects your rejected online filing. Review and verify your information for accuracy. Minnesota Statutes, Chapter 322C.

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Minnesota Articles of Organization For Limited Liability Company