Section 404(d) of the Uniform Limited Liability Company Act (1996) provides: "Action requiring the consent of members or managers under this Act may be taken without a meeting." This is a form of resolution adopted by unanimous consent of the members of a limited liability rather than having a formal meeting.
New Mexico Unanimous Consent to Action By Sole Member of a Limited Liability Company is a legal document that enables the sole member of an LLC to make decisions and take action without holding a formal meeting. This consent serves as a substitute for a meeting and allows the LLC to accept and appoint a new member. Keywords: New Mexico, Unanimous Consent, Action, Sole Member, Limited Liability Company, Meeting, Accepting, Appointing, New Member. There are no specific variations or types of New Mexico Unanimous Consent to Action By Sole Member of a Limited Liability Company for accepting and appointing a new member. However, the consent may vary depending on the nature of the appointment and the specific circumstances of the LLC involved. Here is a detailed description of the content typically included in a New Mexico Unanimous Consent to Action By Sole Member of a Limited Liability Company, in Lieu of a Meeting, Accepting and Appointing a New Member: 1. Heading: The document should start with a clear heading stating "Unanimous Consent to Action By Sole Member of [LLC Name] in Lieu of a Meeting, Accepting and Appointing a New Member." 2. Identification: The sole member (also known as the LLC's owner) should be identified by their full name, address, and their association with the LLC. The LLC's name and address should also be clearly mentioned. 3. Purpose: The intent of the document should be stated concisely, explaining that it is being used to accept and appoint a new member to the LLC without the need for a formal meeting. 4. Recitals: This section provides a background for the decision being made. It may include a brief description of the LLC, its current membership, and the need for a new member. 5. Resolution: The sole member should state their consent to the proposed action of accepting and appointing a new member to the LLC. This section should clearly outline the name of the new member, their contact information, and any relevant details regarding their role or ownership percentage in the LLC. 6. Effective Date: The date on which the consent becomes effective should be specified. 7. Execution: The sole member should sign and date the document, indicating their approval and consent to the action. It is also recommended including a section for the notarization of the document. 8. Copies: It is important to mention the number of copies being prepared and distributed among the LLC's records and members. 9. Governing Law and Severability: A provision should be included specifying that the document will be governed by the laws of the state of New Mexico. Additionally, a severability clause should state that if any part of the consent is deemed unenforceable, the remainder of the document will still stand. Once completed and signed, the New Mexico Unanimous Consent to Action By Sole Member of a Limited Liability Company is a legally binding document that officially accepts and appoints a new member to the LLC. It serves as a record of the sole member's decision and can be stored in the LLC's official records.
