West Virginia Resolution of Meeting of LLC Members to Acquire Assets of a Business

State:
Multi-State
Control #:
US-227LLC
Format:
Word; 
Rich Text
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Description

This form is a resolution of meeting of LLC Members to acquire assets of a business.

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FAQ

An agent for service of process is a person who receives lawsuits and other documents on behalf of your business. Depending on the state where you live, the agent may also be referred to as a registered agent or statutory agent.

To register a foreign LLC in West Virginia, you must file a West Virginia Application for Certificate of Authority with the West Virginia Secretary of State, Corporations Division. You can submit this document by mail, by fax, in person, or online. The Application for Certificate of Authority costs $150 to file.

Every West Virginia LLC owner should have an operating agreement in place to protect the operations of their business. While not legally required by the state, having an operating agreement will set clear rules and expectations for your LLC while establishing your credibility as a legal entity.

The general rule is that members of an LLC enjoy limited liability and cannot be sued personally for activities or debts of the LLC. In other words, the corporate veil of the LLC legal structure protects its members from personal liability.

An LLC holds limited liability. That means the members of the LLC do not bear personal liability for the financial obligations of the business.

Definition. The person designated by a business entity, such as a corporation, to receive legal correspondence on behalf of the business entity within the state which the agent's address is located. The person may be an officer of the corporation or a third party, such as the corporation's lawyer.

Your business must appoint a West Virginia registered agent to receive documents in legal matters, including notice of lawsuit. Our reliable registered agent service fulfills this requirement.

LLC members, in their capacity as members, are not liable for the LLC's obligations. This is effectively the same liability shield that corporate shareholders have.

What is a registered agent? A registered agent is an individual or company that accepts official paperwork such as service of process (lawsuits) and annual registration fee notices. Every authorized Virginia business must maintain a registered agent.

A West Virginia registered agent, known as an agent of process in West Virginia, is required by law for every formal business in the state of Florida. A registered agent receives all official paperwork from the State of West Virginia, they also receive any service of process a business may be served in a lawsuit.

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West Virginia Resolution of Meeting of LLC Members to Acquire Assets of a Business