Tennessee Amendment to Articles of Incorporation regarding paying distributions out of any funds legally available therefor

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US-CC-3-369
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This sample form, a detailed Amendment to Articles of Incorporation re: Paying Distributions Out of Any Funds Legally Available document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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  • Preview Amendment to Articles of Incorporation regarding paying distributions out of any funds legally available therefor

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FAQ

What Is Limited Liability? Limited liability is a type of legal structure for an organization where a corporate loss will not exceed the amount invested in a partnership or limited liability company (LLC). In other words, investors' and owners' private assets are not at risk if the company fails.

If you're looking for a copy of an Articles of Organization that you already filed for your LLC, you can get one for $20. The request for copies must be sent via mail to the Secretary of State. Download the Request for Copy of Documents Form (Form SS-4461) from the Tennessee Secretary of State.

A limited liability company (LLC for short) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

Yes. Because each series within the Series LLC acts as its own independent company, all series must file and pay the Tennessee Franchise and Excise tax.

In line with the previous law, the Tennessee Revised Limited Liability Company Act declares that members, managers, or directors of LLCs are not responsible for the company's acts, whether in relation to tort or contract.

To amend your Tennessee corporation's charter, file one original form SS-4421, Articles of Amendment to the Charter (For Profit) with the Tennessee Department of State, Division of Business Services (DBS).

All provisions of this chapter regarding dissolution or winding up of an LLC, including the rights of members, directors or managers to cause a dissolution of an LLC, shall apply to a series of an LLC, as if the series were a separate LLC.

All articles of organization filings tend to require basic information about the company's business name and address, the names and addresses of members of the LLC, the names and addresses of its managers, organizers, and directors, and the name of the business's registered agent, and a statement of the business ...

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Tennessee Amendment to Articles of Incorporation regarding paying distributions out of any funds legally available therefor