South Carolina Memorandum of Operating Agreement and Financing Statement

State:
Multi-State
Control #:
US-OG-770
Format:
Word; 
Rich Text
Instant download

Description

This is a form of a memorandum used to evidence the existance of an operating agreement and financing statement between Parties to a Contract Area.
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  • Preview Memorandum of Operating Agreement and Financing Statement
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How to fill out Memorandum Of Operating Agreement And Financing Statement?

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FAQ

Title 33 - Corporations, Partnerships and Associations. Chapter 44 - UNIFORM LIMITED LIABILITY COMPANY ACT OF 1996. Section 33-44-1002 - Application for certificate of authority. (8) whether the members of the company are to be liable for its debts and obligations under a provision similar to Section 33-44-303(c).

Code § 56-5-4110. Current through 2023 Act No. 102. No person shall operate on any highway any vehicle with any load unless such load and any covering thereon is securely fastened so as to prevent such covering or load from becoming loose, detached or in any manner a hazard to other users of the highway.

South Carolina Code of Laws Sections 33-44-108 through 33-44-111 contain the state law governing registered agents for limited liability companies. This includes the need to have an agent and office for service of process, the procedures for changing the agent or office, and what an agent must do to resign.

Uniform Commercial Code UCC-1, UCC-3, UCC-5FeeUCC-11Pages 1 and 2 together$8.00Search FeePage 3$2.00Document Request (Each Page)Pages 4 and beyond$1.00Certification Fee (Per Document)3rd Debtor and beyond$2.002 more rows

S.C. Code Ann. § 33-44-504(e) provides that Section is the exclusive remedy by which a judgment creditor may satisfy a judgment out of the distributional interests in an LLC.

The state of South Carolina does not require an LLC Operating Agreement, but it may still be recommended for many LLCs.

SECTION 33-44-202. Organization. (a) One or more persons may organize a limited liability company, consisting of one or more members, by delivering articles of organization to the office of the Secretary of State for filing.

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South Carolina Memorandum of Operating Agreement and Financing Statement