North Carolina Clauses Relating to Capital Withdrawals, Interest on Capital

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US-P0607-3BAM
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This sample form, containing Clauses Relating to Capital Withdrawls, Interest on Capital document, is usable for corporate/business matters. The language is easily adaptable to fit your circumstances. You must confirm compliance with applicable law in your state. Available in Word format.

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FAQ

§ 57D-2-22. Amendment of articles of organization. (a) An LLC may amend its articles of organization to add or change a provision that is required or permitted in the articles of organization or to delete a provision that is not required to be included in the articles of organization.

(b) A foreign LLC shall deliver with the completed application for the certificate of authority a certificate of existence or a document of similar import duly authenticated by the Secretary of State or other official having custody of limited liability company records in the jurisdiction under whose law it is ...

§ 57D-3-20. (a) The management of an LLC and its business is vested in the managers. (b) Each manager has equal rights to participate in the management of the LLC and its business. Management decisions approved by a majority of the managers are controlling.

§ 57D-6-06. Administrative dissolution. (1) The LLC has not paid within 60 days after they are due any penalties, fees, or other payments due under this Chapter. (2) The LLC does not deliver its annual report to the Secretary of State on or before the 60th day after it is due.

(a) A person who is a member, manager, director, executive, or any combination thereof of a limited liability company is not liable for the obligations of a limited liability company solely by reason of being a member, manager, director, or executive and does not become so by participating, in whatever capacity, in the ...

(a) Each local government and public authority shall operate under an annual balanced budget ordinance adopted and administered in ance with this Article. A budget ordinance is balanced when the sum of estimated net revenues and appropriated fund balances is equal to appropriations.

§ 57D-6-09. Upon dissolution of an LLC, the LLC shall deliver articles of dissolution to the Secretary of State for filing. The articles of dissolution must provide the following information: (1) The name of the LLC. (2) The effective date of the dissolution. (3) Any other information the LLC elects to provide.

§ 57D-2-20. Formation. (a) One or more persons may cause an LLC to be formed by delivering executed articles of organization to the Secretary of State for filing in ance with this Chapter and Chapter 55D of the General Statutes.

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North Carolina Clauses Relating to Capital Withdrawals, Interest on Capital