New Mexico Ratification of Amendment to Operating Agreement - By Working Interest Owner

State:
Multi-State
Control #:
US-OG-1098
Format:
Word; 
Rich Text
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This form is a ratification of amendment to operating agreement by working interest owner.

How to fill out Ratification Of Amendment To Operating Agreement - By Working Interest Owner?

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FAQ

To make amendments to your domestic limited liability company in New Mexico, submit Form DLLC-AM, Articles of Amendment to the Articles of Organization and a duplicate copy to the New Mexico Public Regulation Commission (PRC). The form is online (see link below).

Can you change the New Mexico LLC members or managers on an amendment? Yes, you can change your LLC's members and managers by amending articles. If you want to amend your LLC and add extra members, you will have to file a paper form. It costs $50 to process.

If you're the sole member of your LLC, you can add a member by updating your operating agreement and formation documents to reflect changed membership. If you're part of a multi-member LLC, you'll need to discuss additional members with current members and hold a vote before proceeding.

File the New Mexico Articles of Amendment If you chose to list your members in your articles, you'll need to file New Mexico LLC Articles of Amendment when you add a new member. You'll submit your articles of amendment to the New Mexico Secretary of State along with a $50 filing fee.

Yes, you can. How do I add multiple members to my LLC? You need to amend your Articles of Organization to include the names of the additional members and amend your LLC Operating Agreement to address the change in membership interests.

File proper change of ownership paperwork in New Mexico Approval from all members of the LLC is needed to transfer partial LLC ownership in New Mexico. After you get the approval of all members, you would file an Amendment to Articles of Organization with the Secretary of State.

Essentially, you need to clearly discuss changes with other members or managers to get consent. Once that's done, you update the agreement, get it signed and use it for future decisions. The process you choose to follow is up to you, and you can update your Operating Agreement whenever you think it's necessary.

When you need to update your Florida LLC's Articles of Organization, you can do it by filing an Articles of Amendment form with the Florida Department of State's Division of Corporations. Articles of Amendment must be filed by mail and carry a $25 fee.

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New Mexico Ratification of Amendment to Operating Agreement - By Working Interest Owner