This form is a Notice of Meeting to consider the increasing number of members of the company and to amend the operating agreement.
Rhode Island Notice of Meeting of LLC Members To Consider Increasing the Number of Members of Company and Amend the Operating Agreement
Category:
State:
Multi-State
Control #:
US-207LLC
Format:
Word;
Rich Text
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FAQ
A sole proprietorship is useful for small scale, low-profit and low-risk businesses. A sole proprietorship doesn't protect your personal assets. An LLC is the best choice for most small business owners because LLCs can protect your personal assets.
Member LLC is abbreviated MMLLC and is the term used for an LLC that has 2 or more Members (owners). There are no limits to the number of Members a MultiMember LLC can have and the LLC Members can be individual people, or they can be companies (like another Corporation or LLC).
The cost to start a Rhode Island limited liability company (LLC) is $150. This fee is paid to the Rhode Island Department of State when filing the LLC's Articles of Organization.
How Many Members Can There Be? A standard LLC has no upper limit when it comes to the number of members the business can have. The only exception is for those LLCs that choose to be taxed as S corporations. This designation carries a 100 member limit.
Filing an LLC amendment allows you to alter the terms of your limited liability company's (LLC) operating agreement. You can amend your company's operating agreement at any time, and any amendments that you make will not be available for public viewing.
If you're wondering how many members can an LLC have, a limited liability company (LLC) can have one or more members, but most states require at least one member for an LLC to be formed. States do not, however, enforce any limitations on the number of members an LLC can have.
Registering an LLC for Multiple MembersState laws generally allow the registration of LLCs with several members. To create an LLC owned by many people, the intended owners of the LLC are required to file articles of organization with any state agency in charge of registering such business entities.
You can amend your Rhode Island LLC by filing Articles of Amendment to Articles of Organization with the Rhode Island SOS. You can download the form on the SOS website. Fill out the amendment form and submit it to SOS by mail or in person. You do not need original signatures on your amendment.
An LLC can be formed in any state with just 1 Member (called a single-member LLC) or an LLC can formed in any state with more than 1 Member (called a multi-member LLC). Exception to the rule: If an LLC is taxed as an S-Corp with the IRS it can't have more than 100 shareholders (Members).
Search for a business entity (Corporation, LLC, Limited Partnership) in Rhode Island by going to the Secretary of State's Website. Lookup by Name, ID Number, Filing Number, Registered Agent, Principal Office Address, Purpose of Business or by Officer (President, VP, Treasurer, etc.).
